Do I have to contribute a minimum amount into my SIPP?

The minimum single contribution to a SIPP is £1,000 including tax relief – so you would pay £800, and your SIPP would get £200 as 20% tax relief.

There is no minimum contribution for a regular payment, and you do not have to make any contributions if you are transferring from another pension scheme into your SIPP. Please note tax rules can change in the future.