TaxCorporate TaxEmployees face ‘car park tax’

Employees face 'car park tax'

Treasury mulls plans to levy tax on companies with car parks

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 Articles

Watch out when winding up

Corporate Tax Watch out when winding up

2m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

2m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

4m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

5m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

8m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter