Pensions and pension funds
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