Tuesday, 6 November 2012

Defeat over car park VAT fees to cost councils £1bn

Councils have lost a billion-pound battle with the taxman over the payment of VAT on car park fees. Four councils – the Isle of Wight, West Berkshire, Mid-Suffolk District and South Tyneside Metropolitan – had brought a test case before a tax tribunal. 
They argued they should not have paid VAT on off-street parking fees, saying it was part of their traffic management duties, which are exempt. 

Other councils had similar claims against the taxman – some going back to 1973 – and had been standing by awaiting the ruling.

Read the full articl
e here

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