ek_sacc

Park at Stansted, and jet away safe in the knowledge your vehicle is in the only official parking for Stansted Airport approved by Essex Police.  That's the message from Airport bosses to anyone tempted by illegal car park options this summer.  

 " The only official airport parking is here on-site, and with all our car parks accredited to Park Mark® standard for safety and security, it's the only place passengers should book to guarantee the safest car park option before jetting away," said Stansted's Head of Transport Planning and Policy, Julia Gregory.

"A recent report in 'Which?Car'' magazine drew attention to some of the pitfalls of using unofficial car park operators.  Security measures in place in our car parks include CCTV, security fencing and regular patrols so we hope travellers will heed our advice, book early to get the cheapest rates, and leave their car in one of our Park Mark® accredited car parks."

Speaking about Essex Police involvement with the Park Mark® award scheme, Deputy Divisional Commander Stansted Airport, Graham Stubbs said:

"Essex Police is thoroughly committed to the Park Mark® scheme, which is an official UK Police flagship initiative promoted by the Association of Chief Police Officers, and administered by The British Parking Association.

"Our Safer Parking Accredited Assessors work in partnership with Stansted Airport Limited to assess standards of safety and security, along with good management practices, in a bid to reduce opportunities for crime and anti–social behaviour.  We would actively encourage all visitors to the Airport to take advantage of these facilities."

To learn more about the different car parking options at Stansted Airport, and to book the cheapest rates online, visit www.stanstedairport.com/parking  

The voice of business around Stansted Airport has joined thousands of others from across the East of England calling on the new coalition Government to back industry in the region. 

Julie Budden, Chair of the Stansted Airport Chamber of Commerce (pictured outside the airport) has signed up to a campaign making a clarion call to Whitehall. 

The East of England has over 450,000 businesses who contribute something in the region of £110 billion every year to the economy of the UK. 

“Businesses here around Stansted, across Essex and throughout the East of England are leading the recovery of the UK economy. We have one of the strongest economies in the nation and we are committed to working with government to build on that success,” said Julie who manages her own business JAB Services.

 “The new VAT rate of 20% will come in to effect on 4 January 2011. Following hot on the heels of two recent VAT rate changes, businesses should at least be up to speed with the practicalities of VAT implementation.  If not, they have got six months to learn the rules and prepare for it,” said Marcus Ward, VAT Director at Price Bailey Chartered Accountants. 

He added: “Everyone will be affected by this, although in different ways.  Hardest hit will be businesses that are not VAT registered and those that make exempt supplies, as their irrecoverable VAT will increase.  If you are in one of these categories you will need to review your budgets and business model. 

Ward added: “You won’t be surprised to know that there is anti avoidance legislation to prevent those trying to avoid the higher rate with contrived planning.” 

Anti avoidance

The Budget contained the usual array of weapons to counter the structured tax avoidance industry.  For most taxpayers this is irrelevant as it is only those with a high risk appetite that go near such planning. 

However some of the measures are more broadly directed at tax collection.  Expect more pressure to pay your taxes on time, every time. 

The Chancellor’s plans for tackling the UK deficit are now well under way.Price Bailey’s free budget report uncovers some of the key measure as well as the less publicised changes that are most likely to affect your business or your personal finances. 

To receive a copy of the Budget Report or to speak to a professional adviser please contact Price Bailey on 0800 434 6460 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

As usual the Budget speech and headlines about CGT were brief, but more detail is available from the HMRC web site and other sources, including a useful Q&A page, which immediately answered one key question for Charles Olley, the tax partner at Price Bailey Chartered Accountants. 

“Did the Chancellor really mean that basic rate income tax payers would pay CGT at 18%, and those paying income tax at higher rates would pay CGT at 28%?” 

Charles commented: “Not surprisingly, George Osborne didn’t mean that.  What he meant to say was that that if your income is below the limit of the basic rate band (often £43,875) gains up to the unused amount of the band are chargeable at 18%. Any of the gains that exceed any unused amount of the basic rate band are chargeable at 28%. If your income uses up the whole of your basic rate band all your gains are charged at 28%. 

He added: “Obvious really, it was too much to expect that someone with no income but £1m of gains would get to pay their tax at only 18%.  But that was what he said.” 

The Chancellor’s plans for tackling the UK deficit are now well under way.Price Bailey’s free budget report uncovers some of the key measure as well as the less publicised changes that are most likely to affect your business or your personal finances. 

To receive a copy of the Budget Report or to speak to a professional adviser please contact Price Bailey on 0800 434 6460 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it