Any additions or changes to payroll for income payments due on 1 April 2024.

Payments will be received by clients the working day before the bank holiday.

Don't forget - you can send us the instruction via secure message.

Place disinvestments to be settled for income payments due on 1 April 2024

• Trades need to be received before 9:30am, as this is our trading cut off time.

• If these funds are not cleared and available, the next income payment date will be 1 May 2024.

Let us know about any changes to Direct Debits which are due to be paid into pensions on 7 April 2024.

Note: If the change relates to a personal contribution, you can send us a secure message.
If it relates to an employer or employee contribution, don’t forget to submit a new Record of Payments Due form.

Disinvestments to be placed for Bed and ISA and other internal payments

Interspousal asset transfers for Capital Gains Tax (CGT) planning

• These can be instructed by secure message. Make sure you include parties involved, the fund and the exact number of units which are to be transferred.

New client and existing product applications

Cash payments by BACS and CHAPS/Faster Payments

Cheques to be received by Wealthtime Select

• We’ll be receiving and processing all payments sent by BACS and CHAPS throughout the day up until 5pm.
• Unlike usual, when payments show in your clients’ account the following day, all investments made on this date will be dated 5 April and included in the 23/24 tax year.
• If it’s a new employer or employee contribution, please submit a Record of Payments Due form and a SIPP Supplementary Contributions Application.