This guide explains your tax and National Insurance contributions (NICs) obligations if you pay or reimburse car parking charges incurred by an employee.
On this page:
You cover parking costs incurred by an employee at or near your workplace. The same rules apply whether you reimburse the costs to your employee or pay the supplier directly.
You have:
You cover parking costs incurred by an employee while on a business journey.
Only two categories of journey count as business journeys:
The same rules apply whether you reimburse the parking charges to your employee or pay the supplier directly.
For employees earning at a rate of less than £8,500 per year you have:
For company directors or employees earning at a rate of £8,500 or more per year:
How a dispensation can reduce your reporting requirements
The value to use is the full cost to you of covering the parking charges.
You pay for or reimburse parking charges incurred in any way other than at or near your workplace or on a business journey.
The rules differ depending on precisely how you cover these parking charges.
If you have a contract with a parking provider and you pay them directly:
If the employee has a contract with a parking provider and you pay them directly:
If you provide an employee with money to pay for parking charges - either by reimbursing their parking costs or providing an allowance to cover their parking costs - then it counts as earnings and you must:
The value to use is the full cost to you of covering the parking charges.
It’s important to choose correctly between forms P11D and P9D for each employee. The form to use depends on the whether the employee is a director of your company and on whether their earnings are above or below an annual rate of £8,500. For more information – including details of what’s included in the £8,500 threshold - follow the link below.
EIM01030: car parking facilities at or near the employee’s workplace
NIM05625: Class 1 NICs - parking fees incurred at the permanent workplace
EIM31820: Travel expenses - incidental costs
NIM05620: Class 1 NICs - parking fees incurred in connection with business travel