The hire of parking facilities is treated differently from a simple lease or licence to occupy land.
While the letting of land is usually VAT exempt, there are different rules for parking facilities.
This includes both a charge for parking in a bay (e.g. £1 for 2 hours) and the lease of a whole car park.
The remainder of the information on this subject is only available to our subscribers.
If you would like to read more about the VAT treatment on this item please subscribe to our website.
Registered users can login by clicking here.