HMRC has published guidance on the use of tripartite arrangements for employers, pension scheme trustees and providers of pension fund management services in respect of defined benefit schemes. Giles Salmond (Eversheds) reports
In my last article on the topic of VAT recovery for pension fund costs I posed the question: has the European Court made life easer? This was in the context of HMRC’s response to the decision of the Court of Justice of the European Union (CJEU) in Fiscale Eenheid PPG Holdings BV cs tes Hoogezand (C-26/12) [2014] STC 175. In this case the CJEU ruled that a fully taxable employer was entitled to recover the VAT on services which it received for both the administration of the pension scheme and the management of the pension fund assets. Although ...
