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Law-Now 24 Jun 2025 · United Kingdom

Employers can now recover all VAT on DB pension fund management costs

1 min read
From 18 June 2025, HMRC will no longer take the “dual use” approach, which has been HMRC policy to date restricting recovery by employers of input VAT on DB fund management costs.What is the new HMRC policy?As set out in a policy paper published by HMRC on...

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