Wrap and Fundzone tax year end deadlines

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

Please note, all the below are subject to there being sufficient cash available and Aberdeen being in receipt of a clean instruction.

Paying money into the platform

Paying money into the platform – All products

BACS/Direct Credit (last day for sending)	Friday 27 March
CHAPS (last day for sending)	Thursday 2 April (before 12pm)
Cheque (must be received by Aberdeen Client Servicing, Sunderland) by	Wednesday 1 April

Direct debit instruction - Aberdeen SIPP, Junior SIPP, ISA and Personal Portfolio (PP)

Online Direct Debits (with client present) for first or top up instructions must be submitted on platform by	Thursday 19 March
Paper Direct Debits for first instruction must be received by, and top up submitted on platform by	Thursday 19 March

Please note that activation of a new Direct Debit may take up to 10 days. This is to ensure the payment is collected before the end of the tax year.

Wrap SIPP Only (Accounts activated before 1 December 2025)

Wrap SIPP First Direct Debit instruction must be submitted on platform by	Thursday 19 March
Wrap SIPP Top up Direct Debit instructions must be submitted on platform by	Thursday 26 March

Drawdown – Aberdeen SIPP and Wrap SIPP

Payments in (singles, transfers with a drawdown request)

Transfers and Singles with a subsequent drawdown request, monies must be received by

Thursday 26 March

Money out

Money out – Aberdeen SIPP and Junior SIPP

Income request must be submitted on platform by	Tuesday 31 March by 16:00
Single Tax Free Lump Sum request must be submitted on platform by	Wednesday 1 April by 16:00
Regular Income/ Tax Free Lump Sum request must be submitted on platform by	Thursday 19 March by 16:00

Please note, if the cut off dates above are not met for Aberdeen SIPP, we cannot adjust contributions or withdrawals to the previous tax year.

Money out – ISA and PP

ISA and PP withdrawals from Cash (Same day/faster payment instructed before 11am)	Thursday 2 April
ISA and PP withdrawals from Investments (Same day/faster payment with sells)	Wednesday 25 March

Money out - Wrap SIPP Only (Accounts activated before 1 December 2025)

Wrap SIPP Income (paid via BACS) request must be received by	Thursday 26 March
Wrap SIPP Tax Free Lump Sum request must be received by	Thursday 26 March

Money out – International Bond Assignments

Assignments on Platform cannot be processed from the 28th to the 5th of each month.

Offshore Bond Surrender	Friday 27 February
For assignments where payment out is expected in the current tax year. This allows sufficient time for processing both the assignment and payment out transaction.	Friday 20 February

Tools and Trading

Personal Portfolio (PP) to Aberdeen SIPP tool on Platform we require the wizard to be submitted by* (If you need to place sells from the PP)	Thursday 26 March
To move cash from a Personal Portfolio (PP) to Aberdeen SIPP via tool on Platform we require the wizard to be submitted by*	Thursday 2 April by 16:00
Personal Portfolio (PP) to ISA tool on Platform (Wrap and Fundzone) we require the wizard to be submitted by*	Sunday 5 April
To move cash from a joint Personal Portfolio (PP) to an individual account, a sell trade must be submitted by	Thursday 19 March (MPS may take longer)
To move monies between accounts, including PP to PP inspecie transfers, we must receive a clean instruction by	Thursday 19 March
For Non-Wrap Enabled firm, we require a trade instruction over the phone or by email to our Customer Centre by (Email to wrap_servicing@aberdeenplc.com headed PP to ISA trade)	Thursday 19 March by 16:00

*Your client will be out of the market for 3-5 days (inc MPS) (via PP to ISA and PP to Aberdeen SIPP process).

General FAQs

Can I amend my client’s tax code with you? HMRC provide 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 issued, 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.