Thursday, October 4, 2012

Taxing Parking


Stuff reports:
Employers who give their staff free car parks will have to pay tax on them as the Government moves to tighten the tax rules on perks used as tradeoffs for salary.
It's great to see the government acting on good advice. The only pity is the short-sightedness of the Labour party.
Labour's revenue spokesman David Clark rubbished the change, saying it was a desperate attempt to help the Government meet its Budget target. It amounted to "trying to get blood out of a car park".
But I guess when you're in opposition whether a government policy is a good idea or not is irrelevant.

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