Context. Outflows are observed in a variety of astrophysical sources. Remarkably, ultra-fast (v ≥ 0.1c), highly ionised outflows in the UV and X-ray bands are often seen in Active Galactic Nuclei (AGNs). Depending on their kinetic power and mass outflow rate, respectivelyĖ out ,Ṁ out , such outflows may play a key role in regulating the AGN-host galaxy co-evolution process through cosmic time and metal-feeding the surrounding CGM/IGM. It is therefore crucial to provide accurate estimates of the wind properties, includinġ M out ,Ė out . Aims. Here, we concentrate on special relativistic effects concerning the interaction of light with matter moving at relativistic speed relatively to the source of radiation. Our aim is to assess the impact of these effects on the observed properties of the outflows and implement a correction for these effects in the existing spectral modelling routines. Methods. We define a simple procedure to incorporate relativistic effects in radiative transfer codes. Following this procedure, we run a series of simulations to explore the impact of relativistic effects for different outflow velocities and column densities. Results. The observed optical depth of the wind is usually considered a proxy for its column density N H , independently on the velocity of the outflow. However, our simulations show that the observed optical depth of an outflow with a given column density N H decreases rapidly as the velocity of the wind approaches relativistic values. This, in turn, implies that when estimating N H from the optical depth, it is necessary to include a velocity-dependent correction, already for moderate velocities (e.g. v out > ∼ 0.05c). This correction linearly propagates to the derived quantitiesṀ out ,Ė out . Conclusions. We demonstrate that special relativistic effects must be considered in order to obtain correct estimates ofṀ out anḋ E out for an outflow moving at mildly relativistic speed relatively to the illuminating source of radiation. As an example we calculate the relativistically corrected values ofṀ out andĖ out for a sample of ∼ 30 Ultra-Fast Outflows (UFOs) taken from the literature and find correction factors of 20 − 120% within the observed range of outflowing velocities (v out ≈ 0.1 − 0.3c). This brings the ratio betweenṀ out and the disk accretion rate close or even above unity for the vast majority of the sources of the sample, highlighting the importance of the reported relativistic corrections to understand the growth of the most massive black holes. The upcoming next generation of high sensitivity X-ray telescopes such as XRISM and Athena will provide a much more complete census of UFOs, especially in the fastest velocity regime where the relativistic corrections are increasingly important.