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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 b...

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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

LCP warns against Budget pensions tax relief raid due to potentially 'serious' issues

Ian Cornelius – Strengthen Pension Schemes Bill to further unlock innovation and UK growth

Virgin Media amendments to the Pension Schemes Bill announced

Already a Professional Pensions
member?