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Employers may now succeed in reclaiming VAT on the investment management costs of their pension schemes. The European Court has decided that a Dutch employer sponsoring a funded pension scheme for its employees can deduct all of the VAT it pays in respect of the management and operation of the fund. With HMRC currently silent, but time limits for claiming past VAT overpayments still running, what should employers do now to protect their rights?

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Region: Netherlands
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