Employees face ‘car park tax’

The Treasury is considering plans that will allow local authorities to levy a
tax on companies with car parks.

According to the Daily Telegraph, the Treasury is also deciding
whether employee parking spaces should be classified as a benefit in kind liable
to tax. The measures are said to be a response to traffic congestion.

The South Gloucestershire council has received £675,000 for its plans to
implement such a scheme. A similar scheme is also in place in Nottingham.

The schemes could see companies have to pay a levy of £350 a year by 2014.

Further reading:

HMRC to clamp down on tax evaders

Related reading