In 2012, the First-tier Tribunal ruled that overpayments at pay and display car parks were not consideration for a supply of parking for VAT purposes. HMRC did not appeal that decision, but successfully contested a similar argument run by NCP which the Court of Appeal rejected in 2018. The CoA ruled that NCP was offering an hour’s car parking for at least £1.40, so if someone inserted £1 and 50p coins knowing that they would get no change, then the consideration for VAT purposes was £1.50.
Source Deloitte
Latest Posts in "United Kingdom"
- UK Supreme Court Rules VAT Applicable on Success Fees After Exit from VAT Group
- JPMorgan Chase Bank NA v HMRC: VAT Dispute on Intra-group Service Taxability, Appeal Dismissed
- UK Considers VAT Cut on Domestic Fuel: Targeted Relief or Broad Measure?
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
- Guernsey Seeks Companies to Support New GST Administration, Tender Deadline Approaches
