Can anyone confirm that car parking is not a taxable benefit in kind?
Ta
Nathan
Nathan Hamill
Replies (4)
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Depends
Are you talking about a company owned car park or paying his car parking bills in a public car park?
Yes
I can confirm that the provision of car parking for employees is not a taxable benefit.
It does not matter
Section 237 ITEPA 2003 exempts from tax the provision of car parking within a reasonable distance of the place of work. The exemption applies whether the employee is reimbursed the cost of parking, is provided with a voucher or token for parking or the parking is actually on the employer's premises.