| Commentary

131.2 Commercial parking

| Commentary

131.2 Commercial parking

The receipt of parking fees may have tax consequences; for example, commercial use of the land may take it out of the capital gains tax exemption for private residences and the payments may be subject to VAT. As to security and occupier’s liability, it is important that parking should be at the car owner’s risk, and that a provision excluding liability is included in the suggested form of licence, but it will be subject to the courts not holding that the provision is invalid under the Unfair Contract Terms Act 1977. Such use may also not

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