If you’re a UK resident under the age of 75, tax relief is received on contributions up to £40,000 or 100% of your annual earnings, whichever is lower, per tax year. If you do not earn a salary in the UK then the maximum you can contribute to a SIPP is £3,600 per tax year inclusive of tax relief.

For your pension contributions, we'll claim 20% tax relief from HMRC on your behalf and deposit it into your Freetrade SIPP account automatically. It normally takes around 6-11 weeks from the time of the contribution to the tax relief appearing in your account. The HMRC tax relief depends on your eligibility. You can read more about tax relief here.

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