Revenue and Customs Brief 14 (2016)

This brief sets out HMRC’s position following the decision of the Court of Justice of the European Union (CJEU) in Fiscale Eenheid PPG Holdings BV cs te Hoogezand (C-26/12) (PPG).

This case concerned an employer’s entitlement to deduct VAT paid on services relating to the administration of defined benefit pension schemes and the management of their assets.

The brief announces a 12 month extension to the transitional period, which was due to end on 31 December 2016.