Buzz: Wheels case will not affect DB schemes

clock • 1 min read

Most contributors thought the failure of the Wheels test case would not have a big impact in schemes. The bid to secure tax relief on VAT paid on investment management charges was rejected by the European Courts of Justice earlier this month.

  But a lot of respondents felt that most schemes had not had high expectations of the case (PP Online, 11 March) anyway, and had not banked on a victory. While some felt the case was worth b...

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