Employees 'Would Be Better Off' with Pay Cut and Free Parking

Summary


EMPLOYEES could be better off if employers pay their parking costs but also cut salaries, according to accountancy firm PKF.

Parking could be cheaper for both staff and their employer if they considered turning parking into an employee benefit, the firm suggested.

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Extract


Employees 'Would Be Better Off' with Pay Cut and Free Parking

Brian Lovie, director of employment taxes at PKF, said: "The aver...

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