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Tax relief on carparking at work
pepper33
Posts: 508
Forumite
in Cutting tax
I have just applied for the clothing allowance, and read somewhere that car parking is also allowed to be claimed on your tax allowance. I pay for my own parking each month, does anyone know if this is possible, as it would be a great help.
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Comments
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There's no allowance or deduction for car parking I'm afraid. An employer is allowed to pay for it or provide it as a non-taxable benefit (if they want to) but if you personally have to pay for it, there's no tax deduction.Indecision is the key to flexibility
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There's no allowance or deduction for car parking I'm afraid. An employer is allowed to pay for it or provide it as a non-taxable benefit (if they want to) but if you personally have to pay for it, there's no tax deduction.
It used to be a taxable benefit until someone pointed out the large employee car parks at HMRC officesThe only thing that is constant is change.0 -
Its the same in our office but i dont have a space0
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zygurat789 wrote: »It used to be a taxable benefit until someone pointed out the large employee car parks at HMRC offices
AIUI is was (and still is) a taxable benefit if they give you money to cover paying for parking in someone else's car park. Providing spaces in their own car park wasn't a taxable benefit0 -
I understood not, but I do keep revisiting this topic - given I can't get my head around that it is deductible where it is provided by an employer / paid for via a salary sacrifice mechanism.
The best I've found to almost explaining it is the below link - but even then, I'm also left unclear whether NICs are not applicable on the amount payable on car parking.....!
gov.uk /hmrc-internal-manuals/national-insurance-manual/nim056250
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