Workplace Parking Levy
A Workplace Parking Levy (WPL) is a charge on employers who provide workplace parking, a type of congestion charging scheme that has been introduced in Nottingham.
Nottingham City Council has introduced a WPL to tackle problems associated with traffic congestion, by both providing fundings for major transport infrastructure initiatives and by acting as an incentive for employers to manage their workplace parking provision.
Money raised from the WPL has helped to fund NET Phase Two (the extensions to the existing tram system), which now carries more than 17m passengers a year, as well as the redevelopment of Nottingham Station. It also supports the popular Link bus network.
Employers, rather than employees, are responsible for paying any WPL charge, although employers can choose to reclaim part or all of the cost of the WPL from their employees.
Workplace Parking Levy Charge: RPI figures announced December 2019
Charge for next WPL licensing period confirmed as £424.
The central government has released the RPI (Retail Price Index) figure used to calculate the Workplace Parking Levy (WPL) charge from 1st April each year.
The figure is 2.2% (as per November index), which means that the cost per workplace parking place per year for the licensing period 1st April 2020 to 31st March 2021 will be £424 for employers who provide 11 or more liable places.
The VAT is not payable by employers to Nottingham City Council on the WPL charge. Any parking charges an employer introduces for its employees are, however, subject to VAT.