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VAT on professional fund management costs - we need more clarity

Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes.

Tom Jackman

18 February 2016 • 4 min read

Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes

At a glance The issue for DC schemes is fairly straightforward but this is not the case with defined benefit schemes In November 2014 HMRC announced that the employer of a DB scheme would be...

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VAT on professional fund management costs - we need more clarity

Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes.

Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes

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VAT on professional fund management costs - we need more clarity

Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes.

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Following cases in European courts, HMRC has recently changed the rules relating to the recoverability of VAT on professional fees paid in relation to occupational pension schemes. Tom Jackman explains what these changes mean for trustees and employers of defined benefit schemes

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More on Law and Regulation

FCA transfer proposals 'a big step forward' for savers

FCA to consult on pension charge cap

How the LGPS is adapting to 'Fit for the Future' rules on principal investment advice

Already a Professional Pensions
member?