Operator UK Parking Control (UKPC) has paid HM Revenues and Customs over £1m in relation to a disputed VAT bill, but has signalled its intention to contest the claims in court.
UKPC specialises in the management of off-street parking and is particularly active in the retail sector.
The company, which had a turnover of £10.6m in 2015-16, has been in a dispute with HMRC about VAT for several years.
UKPC said that HMRC had changed its advice and this had led to uncertainty about...
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