Single contributions
Read the step by step guide to making single contributionsRegular contributions
Read the step by step guide to making regular contributions
FAQs about contributions
You can find further specific FAQs for each process within the guides above. These FAQs cover any type of contribution.
What do I do if my client has over-subscribed?
We will receive a Notice of Discovery from HMRC and we will amend this on your behalf by moving the error monies to the Personal Portfolio. We factor in the growth by looking at the value of the ISA at the end of the relevant tax year.
Can I get a full breakdown of my client’s SIPP contributions?
Yes. You can call the Client Engagement Hub on 0345 279 1001 to request a certificate of contributions paid. This document is sent within 24 hours and will give a breakdown of gross and net contributions.
How do I pay in employer/employee contributions?
Follow the steps, however it’s important you correctly identify the Payee:
- Individual – GROSS payments entered on Wrap, paid direct from the individual
- Individual Salary Deduction – GROSS payment is entered on Wrap, but we collect the net amount only
- Employer – These are entered as GROSS payments and we collect the GROSS amount.
