Revenue and Customs Brief: Deduction of VAT on pension fund management costs

September 07, 2016

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Following the Court of Justice of the European Union (CJEU) decision in PPG, this brief from HMRC announces that the post-PPG transitional period, during which employers may continue to account for VAT on the costs of pension fund management based on the pre-PPG rules, has been extended to 31 December 2017. Businesses which have already made changes to their structure and/or contractual arrangements may continue with those arrangements, or can choose to revert back to the previous treatment during the transitional period.  

Revenue and Customs Brief 14 (2016): VAT, Deduction of VAT on pension fund management costs following Court of Justice of the European Union decision in PPG