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Parking fines

  • Member
  • 4 posts
  • # 122438

Hi

I wondered if someone could assist me with the below query.

Are parking fines incurred by  employees as a result of parking illegally whilst carrying out their employed duties and subsequently paid by the employer a tax deductable business expense?

 

Thank you

 

Damian

  • Member PM.Dip
  • Practice Licence
  • 194 posts
  • # 122439

Daymotron said:

Hi

I wondered if someone could assist me with the below query.

Are parking fines incurred by  employees as a result of parking illegally whilst carrying out their employed duties and subsequently paid by the employer a tax deductable business expense?

 

Thank you

 

Damian


 Hi there,

The short answer is no.  I always put them down as an expense though under their own expense account and then the accountant deals with them at year end.

Pauline

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