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VAT recovery on pension costs
On 18 June 2025, HM Revenue & Customs (HMRC) changed its policy on the recovery of VAT on investment costs. Effective immediately, employers can now treat all VAT incurred on investment management services for occupational pension schemes as their own input tax and reclaim it, in line with standard input tax rules.
Click here for our client briefing on this significant policy shift.
© Stephenson Harwood LLP 2025. Information contained on this page is current as at the date of first publication and is for general information only. It is not intended to provide legal advice.