Elevate tax year end deadlines

Information on cut-off dates around tax year end for Elevate. Please ensure all relevant business is completed by the dates specified.

Tools & guides

Moving money from GIA to ISA guide

Capital Gains Tax tool guide

GIA and ISA illustrations tool

Single contributions guide

View all Elevate help guides

Money in

BACS (last day for client to send)	Thursday 26 March
CHAPS (last day for client to send)	Wednesday 1 April
Cheque (must be received by Elevate, Basingstoke)	Thursday 2 April (received by 12:00pm)
One-off Direct Debit (from an active mandate)	Thursday 26 March
New regular Direct Debit (mandate must be received by)	Thursday 19 March
Immediate Crystallisation BACS (last day for client/transferring scheme to send)	Wednesday 25 March
Immediate Crystallisation cheque (must be received by Elevate, Basingstoke)	Monday 23 March

Drawdown

BCE (PCLS only)	Thursday 2 April (keyed before 12:00pm)
BCE (PCLS & income)	Thursday 19 March (keyed before 12:00pm)
BCE (PCLS via CHAPS but income to Elevate Cash) *Payment date cannot be selected to pay between 2 & 5 April	Wednesday 18 March (keyed before 12:00pm)
One-off income payment**	Thursday 19 March (keyed before 12:00pm)
Regular Income Strategy (to start 5 April)**	Thursday 19 March (keyed before 12:00pm)
Uncrystallised Fund Pension Commencement Lump Sum (UFPLS)	Thursday 26 March (keyed before 12:00pm)

All of the above are subject to there being sufficient cash available and all bank verification requirements being met. *These dates factor in reporting timescales for our payroll system. **These dates factor in the end of tax year blackout periods where Elevate will prevent access to these wizards.

GIA/ISA/Elevate Cash money out

BACS payment	Thursday 26 March (keyed before 12:00pm)
CHAPS payment	Thursday 2 April (keyed before 12:00pm)
One stop payment	Thursday 19 March (keyed before 11:00am)

All of the above are subject to there being sufficient cash available and all bank verification requirements being met.

The one stop payment deadline is based on Elevate receiving confirmation of any disinvestment trades from the Investment Manager and based on daily trading funds only. If funds trade less frequently then this needs to be considered.

Change of ownership

Change of ownership between accounts (to be keyed and form received)	Thursday 2 April (keyed before 12:00pm)
GIA or Elevate Cash to ISA cash movement	Thursday 2 April

General FAQs

Can I amend my client’s tax code with you? HMRC provides us with your client's tax code electronically. We cannot amend this and recommend your customer contacts HMRC directly unless you are authorised to do so.
When will my client receive their P60? Your client will receive their P60 by the end of May and once it is issued, it will be stored within the client's document library.
When will I receive my consolidated tax certificate? If your client holds a Personal Portfolio/General Investment Account that has generated interest or dividends, a Consolidated Tax Certificate will be issued in May or June. This will be posted and stored within the client's document library.