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  • FIRST POST
    • Rheumatoid
    • By Rheumatoid 13th Jul 17, 4:06 PM
    • 395Posts
    • 1,153Thanks
    Rheumatoid
    Do I need to Tell HMRC about SIPP contributions?
    • #1
    • 13th Jul 17, 4:06 PM
    Do I need to Tell HMRC about SIPP contributions? 13th Jul 17 at 4:06 PM
    I am a higher rate tax payer and have previously advised HMRC of how much I will be contributing to my SIPP in order to get the additional relief through my code. Is this absolutely necessary or will they pick up contributions and adjust my coding eventually anyway?

    I am just thinking of making a couple of ad hoc payments this year and I'm not sure how much they will be yet but they wont be very large.

    TIA
    R
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter, Geo Solo II Monitor. Installed 29/9/2015 - 4700 (Norfolk Solar Together Scheme)
    Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh; Year 1 Actual = 4152kWh; Year 2 Actual =4169
Page 1
    • AnotherJoe
    • By AnotherJoe 13th Jul 17, 4:12 PM
    • 9,426 Posts
    • 10,425 Thanks
    AnotherJoe
    • #2
    • 13th Jul 17, 4:12 PM
    • #2
    • 13th Jul 17, 4:12 PM
    Yes you do because no, they wont pick up your contributions unless you tell them.
    • AndyAdams
    • By AndyAdams 13th Jul 17, 4:39 PM
    • 39 Posts
    • 35 Thanks
    AndyAdams
    • #3
    • 13th Jul 17, 4:39 PM
    • #3
    • 13th Jul 17, 4:39 PM
    You can reclaim the tax via your tax return
    • Dazed and confused
    • By Dazed and confused 13th Jul 17, 9:56 PM
    • 2,564 Posts
    • 1,232 Thanks
    Dazed and confused
    • #4
    • 13th Jul 17, 9:56 PM
    • #4
    • 13th Jul 17, 9:56 PM
    HMRC must know about it as the SIPP provider has presumably been claiming the basic rate tax relief for you but there's no evidence yet that they are using the information so ultimately I agree with AnotherJoe, onus seems to be on you to keep them informed.
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