We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Parking charges NOT fines
andyew
Posts: 2 Newbie
Hi I have tried to do a search on this and keep getting siderailed to parking fines and not charges. So let me explain I am sole trader doing small repairs in rental properties so when I do my tax return I now realise I have made a mistake with regards to parking charges as I include them with the 0.45p per mile car allowance.
Now when I say parking charge I mean the £2-£3 you put into the meter to park the car while I do a repair.
I know you cannot and should not claim for a parking fine ie £30 for parking on a single yellow line
So can someone point me in the right direction on where on my tax return I put my parking charges please
Now when I say parking charge I mean the £2-£3 you put into the meter to park the car while I do a repair.
I know you cannot and should not claim for a parking fine ie £30 for parking on a single yellow line
So can someone point me in the right direction on where on my tax return I put my parking charges please
0
Comments
-
Hi I have tried to do a search on this and keep getting siderailed to parking fines and not charges. So let me explain I am sole trader doing small repairs in rental properties so when I do my tax return I now realise I have made a mistake with regards to parking charges as I include them with the 0.45p per mile car allowance.
Now when I say parking charge I mean the £2-£3 you put into the meter to park the car while I do a repair.
I know you cannot and should not claim for a parking fine ie £30 for parking on a single yellow line
So can someone point me in the right direction on where on my tax return I put my parking charges please
Parking fines or penalties imposed for parking on the public highway are proper fines or penalties and are not allowable as an expense as you say. What are referred to as parking "fines" or "penalties" or even "charges" for parking on private property and breaking the conditions for parking there are actually payment of liquidated damages for breach of contract. They might actually be claimable as an expense, but I am not sure. If liquidated damages payments for any other form of breach of contract are allowable, I should have thought that these would be as well.0 -
Yep thanks for this but this I know as I work in a city that charges for you to park and have pay meters in the street so I am incurring about £25-£35 a month costsMistral001 wrote: »Parking fines or penalties imposed for parking on the public highway are proper fines or penalties and are not allowable as an expense as you say. What are referred to as parking "fines" or "penalties" or even "charges" for parking on private property and breaking the conditions for parking there are actually payment of liquidated damages for breach of contract. They might actually be claimable as an expense, but I am not sure. If liquidated damages payments for any other form of breach of contract are allowable, I should have thought that these would be as well.
I just want to make sure I am claiming this as an expense in the correct section0 -
Yep thanks for this but this I know as I work in a city that charges for you to park and have pay meters in the street so I am incurring about £25-£35 a month costs
I just want to make sure I am claiming this as an expense in the correct section
Motor expenses.The only thing that is constant is change.0 -
Is this somewhere with residents parking zones? in our city, you can buy a tradesman's permits which lets your park in any RPZ. You'd need to work out if it was cost effective or not.Signature removed for peace of mind0
-
I had ignored a parking charge notice, and now I have received a letter from Debt Recover Plus claiming I must pay or I dont they will recommend to the creditors solicitor that court action could be taken what you owe.
This charge was because I overstayed in a free car park, which was empty, any advice or tips would be appreciated.0 -
tomroche97 wrote: »I had ignored a parking charge notice, and now I have received a letter from Debt Recover Plus claiming I must pay or I dont they will recommend to the creditors solicitor that court action could be taken what you owe.
This charge was because I overstayed in a free car park, which was empty, any advice or tips would be appreciated.
If you overstayed then it would seem that you admit breach of contract and the fact that the car park was empty is irrelevant as far as I can see. Pay up and ignore pub talk about ignoring these notices. And of course only enter a car park if you intend not to ignore their conditions of usage. It seems harsh but it might be worth just biting the bullet now. The system is wrong in my view, but the law is not what you think it should be, but what it is.0 -
Mistral001 wrote: »Parking fines or penalties imposed for parking on the public highway are proper fines or penalties and are not allowable as an expense as you say. What are referred to as parking "fines" or "penalties" or even "charges" for parking on private property and breaking the conditions for parking there are actually payment of liquidated damages for breach of contract. They might actually be claimable as an expense, but I am not sure. If liquidated damages payments for any other form of breach of contract are allowable, I should have thought that these would be as well.
Is this right that you can't claim these as expenses? I had to give a lift to 3 members of staff as we were all attending the same training. When I came back I'd got a parking fine.
The boss said I could put it through on expenses.:T0 -
Newwashingmachine wrote: »Is this right that you can't claim these as expenses? I had to give a lift to 3 members of staff as we were all attending the same training. When I came back I'd got a parking fine.
The boss said I could put it through on expenses.:T
You cannot claim fines or penalties against taxable income because you cannot benefit from breaking the law.
What your employer chooses to reimburse you for is their affair, however, they will not be able to, legally, claim this as a tax deductible expense.The only thing that is constant is change.0 -
Newwashingmachine wrote: »Is this right that you can't claim these as expenses? I had to give a lift to 3 members of staff as we were all attending the same training. When I came back I'd got a parking fine.
The boss said I could put it through on expenses.:T
If the employer refunds you this, you need to declare it to HMRC as untaxed income.0 -
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards