Research and analysis

VAT and corporation tax treatment in transport appraisal

Examines the inclusion of VAT and corporation tax in transport appraisals, including foreign investment cases.

• From: Department for Transport
• Published: 29 October 2026

Documents

Treatment of VAT and corporation tax in appraisal

PDF, 1.09 MB, 44 pages

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Details

This research develops thinking on the inclusion of corporation tax and VAT in transport appraisal to apply it more specifically across 2 cases: 

• private finance appraisals in which some options will not include corporation tax (as they are publicly owned) 
• in cases when the private finance comes from overseas and, therefore, sits outside the scope of transport analysis guidance (TAG) appraisal 

Peak Economics completed this research on behalf of the Department for Transport.