Administration services

Cases on pension schemes

Input tax

Actuary reports

Generally

Management and operation services

Professional services received for purpose of administration of fund

Revised HMRC policy

Trustee, professional advice

Local authorities and similar bodies

Administration expenses

Administrative concession

Generally

Investment expenses

Sole trustee

Management

Distinction between management services and investment services

Treatment

Merger of pension fund, legal services

Outside scope of VAT

Payments made for outside scope items

Payments received for non-supplies

Personal pension schemes, providing or arranging insurance cover

Property company providing, secondment of employees to subsidiary

Registration

Services supplied for consideration

Generally

Supply by member of group to trustees