Letters: Issue 227 3 Feb 2011
Public and private operators need a level VAT playing field
Should councils be granted exemption from paying VAT on off-street parking? Grahame Rose believes the current level playing field favours council car parks
Grahame Rose
The suggestion that councils would have no distinct advantage if they were exempt from paying VAT on the revenues generated by off-street car parking is flawed and misleading. For example, a council would gain approximately £80,000 a year over a private contractor from a car park that turns over £500,000 a year. How can that not be a significant advantage?
Additionally, if council-run sites are able to significantly reduce the prices they charge for parking, their facilities will of...
Join Parking Review subscribers and read this article in full...
|
|
||
1 Year |
2 YearSave 10% |
3 YearSave 15% |
£80
|
£144 |
£204 |
|
+£4 VAT |
+£7.20 VAT |
+£10.20 VAT |
Since 1989 Parking Review has been the definitive source of news and intelligence on the UK and international public and private parking sectors. All annual subscriptions include a 1 user licence for TransportXtra |
||
 |
||
 |
TransportXtra only
An online-only subscription to TransportXtra works out at less than £5 per month for all the latest issues and transport intelligence. |
£90 + VAT
|
Not ready to subscribe? Take a 2 week free trial
