No More Missing Out on £1.3 Billion in Tax Relief
We've got some brilliant news to share. We're partnering with InvestEngine to make claiming pension tax relief dead simple.
Here's the thing - UK taxpayers are missing out on £1.3 billion every year. That's money they're entitled to but never claim because the process is such a faff.
If you're a higher or additional rate taxpayer with a SIPP, you deserve more tax relief than just the basic rate. But claiming it has always been a nightmare of forms and phone calls to HMRC.
Not anymore.
The Problem We're Fixing
Let's be honest - claiming pension tax relief is rubbish. The current system is broken.
Higher and additional rate taxpayers can get extra relief on their pension contributions. But most people never claim it because it's too complicated.
You have to ring HMRC (good luck getting through), fill in confusing forms, or battle through their website. No wonder millions of people just give up.
That's £1.3 billion left on the table every year. Money that could be boosting people's retirement funds.
How Our New System Works
We've built something completely different. No more separate apps or HMRC phone calls.
If you've got an InvestEngine SIPP, you can now claim your tax relief right from your dashboard. It's all in one place.
Our system looks at your contributions and works out exactly how much extra relief you're owed. You can see the numbers before you even start a claim.
Then it's just a few clicks to submit everything. We handle the HMRC bit for you.
Why This Matters
InvestEngine's CEO Richard Brain gets it. He's spent years making complex investing simple for ordinary people.
Now we're doing the same thing for tax relief. You shouldn't need a degree in tax law to claim what's rightfully yours.
Together, we're making sure InvestEngine users get the most from both their investments and their tax relief. It just makes sense. Everything done with Pie.
What Changes for You
Remember the old way? Ringing HMRC and being put on hold for ages. Filling in forms that made no sense. Waiting months to find out if your claim worked.
Forget all that.
Now you log into your InvestEngine account, see exactly what you're owed, and claim it in minutes. You get updates on your claim's progress without chasing anyone.
When your refund comes through, it all links back to your financial planning. No more treating tax relief as a separate headache.
What Comes Next
This is just the start. We're planning to add more tax-saving features to investment platforms. Think ISA transfers, capital gains planning, and other ways to keep more of your money. All built into the platforms you already use.
Pie proved that complex tax stuff can be simple. Now we're going to do it for everything else.
Final Summary
We're solving the £1.3 billion pension relief mess
Pie partnership with InvestEngine changes everything. No more complex forms or HMRC phone calls.
If you're a higher or additional rate taxpayer with an InvestEngine SIPP, you can now claim your full tax relief in minutes, not months. This is how financial services should work - simple, integrated, and actually helpful.
