Comment 112670

By kevlahan (registered) | Posted July 08, 2015 at 14:11:13 in reply to Comment 112669

But I'm pretty sure almost no employers (e.g. the school board) actually calculates the value of free parking for employees and declares it as a taxable benefit on their T4s.

Indeed, one of the reasons the school board wanted to rebuild on the mountain was to have hundreds of free parking spots for employees (and the cost of "off site parking" was one factor in their decision spreadsheet)! As far as I know, no public schools in Hamilton charge staff for parking.

The only case I can imagine where free parking appears as a taxable benefit is where some employees (or customers) have to pay for parking in the same area.

Comment edited by kevlahan on 2015-07-08 14:13:35

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