Important dates relating to payments to SIPP providers.
We have worked with many pension providers to date to ensure a smooth payment process, so please ensure before going ahead with this option that you are happy with the payment schedule below, and that this suits your requirements. We can only pay to providers in line with the dates outlined below.
🚨 Nasa Umbrella are unable to facilitate Direct Debit payments to pension providers. Payments can only be sent by an electronic BANK TRANSFER (BACS or Faster Payment).
| Tax Year | Payslip Deduction Period | Payment Date to Provider |
| 2023/24 | 6 February - 5 March | 20-Mar-24 |
| 2023/24 | 6 March - 31 March | 05-Apr-24 |
| 2023/24 | 1 April - 5 April | 22-Apr-24 |
| 2024/25 | 6 April - 5 May | 20-May-24 |
| 2024/25 | 6 May - 5 June | 20-Jun-24 |
| 2024/25 | 6 June - 5 July | 22-Jul-24 |
| 2024/25 | 6 July - 5 August | 20-Aug-24 |
| 2024/25 | 6 August - 5 September | 20-Sep-24 |
| 2024/25 | 6 September - 5 October | 21-Oct-24 |
| 2024/25 | 6 October - 5 November | 20-Nov-24 |
| 2024/25 | 6 November - 5 December | 20-Dec-24 |
| 2024/25 | 6 December - 5 January | 20-Jan-25 |
| 2024/25 | 6 January - 5 February | 20-Feb-25 |
| 2024/25 | 6 February - 5 March | 20-Mar-25 |
| 2024/25 | 6 March - 28 March | 04-Apr-25 ** |
| 2024/25 | 31 march - 4 April | 21-Apr-25 |
** Please note this run is optional, and we will contact you close to the end of the financial year to see if you want these deductions paid BEFORE or AFTER the end of the financial year. If you opt for after the end of the financial year, these values will just roll over and be paid on the 21st April 25.
📊 The Deduction Period (typically between 6th of the month and the 5th of the following month) means the payroll dates when deductions were made, and not your timesheet dates or the dates your net salary was paid into your bank account. You can view your payroll dates on your payslips under Pay Date.
📈 For example, if your timesheet for month ending 31/08/2024 was paid on 09/09/2024, this falls into the deduction period from 06/09/2024 to 05/10/2024. This means any deducted pension in this time-frame would be paid to your pension provider on 20/10/2024.
If you have any questions please contact our dedicated pensions team and they will be able to assist: pensions@nasagroup.co.uk.