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Can I claim parking expenses?
MarkWatson
Posts: 113 Forumite
in Cutting tax
Apologies if this hs been asked before.
I am employed and I have to pay to park at my city centre work location - can I claim that as an expense against my employment income on my Self Assessment Tax return?
Thanks v much.
I am employed and I have to pay to park at my city centre work location - can I claim that as an expense against my employment income on my Self Assessment Tax return?
Thanks v much.
0
Comments
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Nope. *rolls eyes*I was born too late, into a world that doesn't care
Oh I wish I was a punk rocker with flowers in my hair0 -
But you can do a deal with your employer where they reduce your salary by an amount equal to your parking season ticket. That way you effectively get tax and national insurance relief on it.0
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....which then means the parking 'paid for by the employer' becomes a benefit in kind and possibly subject to Income Tax!If you feel my comments are helpful then I'd love it if you 'Thanked' me!
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No it doesn't.....which then means the parking 'paid for by the employer' becomes a benefit in kind and possibly subject to Income Tax!
http://www.hmrc.gov.uk/manuals/eimanual/EIM01030.htm0 -
Thanks all. (Not sure what the *rolls eyes* was from one responder, seems like a perfectly reasonable question to me).0
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