Please note that tax relief payments are not automatically invested. Once tax relief has been received and applied to the client's account, it will need to be invested manually.

For contributions made between the 6th of a month and the 5th of the following month, tax relief will be received on the 21st of the month after the next (or the next working day if the 21st falls on a weekend or bank holiday).

Example:
If a client contributes to their pension on 6 February, the tax relief will be applied to their pension on 21 April (or the next working day if 21 April falls on a weekend or bank holiday).

The tax relief amount will be visible within the Transactions list with a Pending status until it is applied to the client's account. Once applied, the status will change to Completed.

Note: Pre-funding of tax relief is on our roadmap. An announcement will be made once a delivery date has been confirmed.