The Workplace Parking Levy charge for 2017 to 2018 is confirmed as £387 per place per year.
Central Government has released the RPI (Retail Price Index) figure used to calculate the Workplace Parking Levy (WPL) from 1 April 2017.
The figure is 2.194% (as per November 2016 RPI), which means that the cost per workplace parking place per year for the licensing period 1 April 2017 to 31 March 2018 will be £387 for employers who provide 11 or more liable places.
VAT is not payable on the WPL charge. However, any parking charges an employer passes on to its employees are subject to VAT. If you have any questions regarding the above, please email firstname.lastname@example.org or telephone 0115 876 5050.
Get our latest updates delivered to your inbox.Sign up for Job Alerts, What's On, Latest News and more...