Tax all corporate parking spaces within the St Helier Ring Road - use funds to subsidise school buses
Why should those typically higher earners receive the added benefit of a parking space at their place of work as a tax-free benefit, while those that are typically on the lower wages have to face the battle to find a parking space in town everyday, pay for it c£9/day and then make the walk to work (c.£2000/yr based on 46 weeks of parking).
All corporate and private parking spaces within the St Helier ring road should be taxed at double the amount of an annual season pass. It should be the company that owns/ rents that space that suffers the tax charge. They can then decide if they wish to accept that additional cost, or they can pass some or all of it on to the individual that has the space. There could be concessions given if the company gives up x% of their parking spaces to bike or disabled parking. The bike parking should also include the provision of showers/changing facilities and a drying area for wet clothes.
Any charges levied on the corporates should NOT be a tax deductible expense.
It is not beyond imagination to believe that there are c.2000 corporate parking spaces within the St Helier Ring Road (St Helier TownHall may have the rates assessment to better inform).
At an annual cost of £4000 that would mean a tax receipt of £8mn. Assuming car parking charges are to increase further to a more realistic price of £1.5/hr (still cheap by UK standards) then annual tax receipts could reach £12.4mn which would more than offset the cost of a free bus service for under 18s or those in education (incl. further education).
Why the contribution is important
It reduces the ever-widening gap between the haves and the havbe nots by taxing those higher earners or their companies for a luxury that cannot be afforded when the funds raised can be used for the greater good.
Charges on corporate parking spaces are levied the world over and Jersey should not be an exception.
by Chos on February 18, 2021 at 11:22PM