From: Peter Saxton 
Newsgroups: uk.finance uk.business.accountancy
Subject: Re: Nogood Boyo: a simple VAT Question
Date: Sat, 27 Nov 2004 17:08:57 +0000

On Sat, 27 Nov 2004 13:12:03 +0000 (UTC), "Tim"  wrote:

>> >> >"Troy Steadman" wrote
>> >> >> So if someone asks you, "I've got this bloke wants to
>> >> >> sell cars off my forecourt", you don't instinctively say,
>> >> >> "Why don't you rent him that bit over by the MOT bay?"
>> >> >> you say "Why don't you charge him commission" ...
>> >> >
>> >> "Tim" wrote:
>> >> >... because he doesn't want the bloke to start creeping across
>> >> >the rest of the forecourt as well, *away* from the MOT bay??!
>> >> >
>> >"Peter Saxton" wrote
>> >> Part of the deal could be to only operate from within a certain area.
>> >
>> "Tim" wrote:
>> >But then it starts sounding like "rent" again!
>> >
>"Peter Saxton" wrote
>> Not really. Any contract wouldnt allow
>> unlimited access to any property of the landlord.
>
>Agreed (wouldn't allow unlimited access) - but any contract which
>does allow *some* access to property - and therefore specifies a
>particular area of property - usually talks about "rent", doesn't it?
>
>["In return for me allowing you to use this bit of land, but not use
>that bit of land, pay me £X dosh - with X determined as follows..."
>sounds very much like you are *renting* that particular space!]
>
Not if the consideration is solely related to the sales made rather
than having a fixed element.


-- 
Peter Saxton from London
peter@petersaxton.co.uk