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-   -   VAT on SIPP Management fees (https://britishexpats.com/forum/canada-56/vat-sipp-management-fees-931054/)

TonyWFC Feb 11th 2020 7:30 pm

VAT on SIPP Management fees
 
Hoping someone might have some insight on this. The company that manages my pension in the UK have for the last 10 years charged me VAT on their fees, despite living in Canada. My accountants and lawyers, however, whenever they raise an invoice have not as I am not resident in the UK. I have asked on several occasions why they are charging and their response is that it is due. I have researched as best I could online and my understanding is that NO VAT should be charged.

Does anyone have any knowledge or first-hand experience that might confirm 1 way or the other?

MidAtlantic Feb 11th 2020 7:56 pm

Re: VAT on SIPP Management fees
 

Originally Posted by TonyWFC (Post 12805204)
Hoping someone might have some insight on this. The company that manages my pension in the UK have for the last 10 years charged me VAT on their fees, despite living in Canada. My accountants and lawyers, however, whenever they raise an invoice have not as I am not resident in the UK. I have asked on several occasions why they are charging and their response is that it is due. I have researched as best I could online and my understanding is that NO VAT should be charged.

Does anyone have any knowledge or first-hand experience that might confirm 1 way or the other?

Good luck if you want to work your way through this: https://www.gov.uk/guidance/vat-plac...es-notice-741a

Para 6.2 is probably the one that is catching you.

TonyWFC Feb 11th 2020 8:00 pm

Re: VAT on SIPP Management fees
 

Originally Posted by MidAtlantic (Post 12805225)
Good luck if you want to work your way through this: https://www.gov.uk/guidance/vat-plac...es-notice-741a

Para 6.2 is probably the one that is catching you.

Many thanks, although 12, 12.1 and 12.2 would suggest otherwise which is why my accountants and lawyers don't charge.

As clear as mud!


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