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Toll bridge with £35,000 tax-free income up for sale A toll bridge offering a tax-free income of £35,000 a year has been put up for sale for an asking price of £295,000. A 1779 Act of Parliament says tolls for the bridge over the River Wye at Whitney, Herefordshire can't be taxed. Tolls are registered by the Department of Transport and can't be increased
without permission. Rates are 10p for motorbikes, 50p for cars and £1.50
for coaches. Up to 70,000 vehicles use the bridge every
year. The first bridge was built in 1779 but it, along with two
subsequent bridges, was washed away by floodwaters. A stone and
timber construction that was erected in the early 19th century has survived
until the present day and was extensively renovated in 1993. The most recent owners have died and their son-in-law Michael Hawley of Henley-in-Arden, Warwickshire has decided to sell. Manager Gerald Huxtable who collects the tolls said: "It's a pleasant job although it gets very busy in the summer because this is a tourist area. I would buy the bridge myself but I'm afraid I'm not quite in that league."
"Local people needed a bridge and had to do it by way of an Act of Parliament. The bridge was privately built and as an incentive, no taxes are levied against the tolls." The original statute protecting that position states: "The said bridge shall not be rated, assessed for or towards any public or parish rate or duty whatsoever." Friday 21st June 2002 Click here for more toll bridges and here for toll bridges in the past
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