Once a year we send employers a VAT invoice in respect of recharging the running costs for the Plumbing & Mechanical Services (UK) Industry Pension Scheme (the “Scheme”). In most cases, VAT-registered employers can reclaim the VAT charged in their VAT returns, subject to the normal rules.
The Scheme closure to new benefit accrual in 2019 meant that we had to review the way we calculate and issue employer VAT invoices. This letter explains why we need to make this change and what we plan to do.
If you have any questions or comments about the proposed changes, you can contact us through our website, by email, by phone or by writing to us using the details above.
We plan to issue employer VAT invoices for the 2019/20 financial year in December 2021.
You can find more information here.