12 Apr 2019, 11:07
I sent off a AVC lump sum cheque for the 2018/19 tax year that was taken out of my account on April 1st. Sheffield said that did not give them enough time to transfer it to Zurich for the tax year I requested, so lodged in the 2019/20 tax year. They said there was a March 18 cut off point, I am bemused in this digital age why they need nearly 3 weeks to action this. I have never read about this before in the literature they have sent out, and can only guess at the amount of inconvenience this inflexibility must cause. I tried to pursue it, but they kept hiding behind the word 'process' and decided for my own sanity to let it go. They will stop accepting lump sum AVC cheque payments at the end of April, so anyone with plans to do so, should get a move on.