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PPCs Accounts

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  • bazster
    bazster Posts: 7,436 Forumite
    1,000 Posts Combo Breaker
    antrobus wrote: »
    Not really. What a VAT tribunal has to say on the legal aspects of a particular transaction doesn't determine its accounting treatment. Nothing the VAT tribunal had to say on the matter of PPC contracts effects the commercial substance of the relationship between the PPC and the landowner, and it is the commercial substance that determines the accounting treatment.

    The Tribunal ruled that a PPC who is not the landowner/occupier is incapable of making an offer to park on the landowner's property, and consequently in making such an offer the PPC is acting as the landowner's agent.

    If that doesn't alter the relationship between PPC and landowner then I don't know what does.
    Je suis Charlie.
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