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2025 VAT Policy Update: Full Deduction on Pension Fund Management Costs for Employers and Trustees

  • Information on changes to VAT deduction for pension fund management
  • Employers can claim back all VAT on investment costs related to pension funds
  • No need to split costs with pension trustees
  • Trustees providing management services and charging employers can claim back VAT if VAT-registered
  • Usual VAT rules must be followed

Source: gov.uk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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