§ 23. Mr. Clive Bossomasked the Chancellor of the Exchequer if he will introduce legislation to exempt local authorities from paying taxes on the revenue from parking meters.
§ Mr. BossomWould not my hon. Friend agree that some local authorities are not disclosing the actual net revenue from meters and are diverting money from the original purpose, which is to help off-street parking, and that instead this money is indirectly going to help subsidise such things as public libraries and public lavatories? Is this really fair to the motorist?
§ Mr. GreenI was asked orginally if we would introduce legislation to exempt local authorities from paying tax on the revenue from parking meters. I have to say no, because local authorities are liable to Income Tax on their trading profits like anyone else. I hope that my hon. Friend is not accusing them of evasion.