UK - Implementation of new VAT regulations which alter the 30% rebate claimed by employers on fees paid for administration of their pension schemes has been delayed on the back of industry pressure.
According to Aon Consulting, the new regulations could cost companies more than £25m in VAT on their pension scheme investment management fees. Current regulations allow companies to claim back ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
