Commuters to be taxed for parking at work
The UK's first tax on parking spaces is expected to be endorsed by the Government today.
Commuters could be charged £185 a year to leave cars at work under the scheme, with the sum rising by 2014 to £350 per parking bay for firms with 11 or more.
The plans would be piloted by Nottingham City Council, the first local authority to express an interest in the idea.
The revenue raised will be used to pay for the expansion of the city's tram network which is expected to be given the go-ahead by Transport minister Sadiq Khan today.
The council could net £11.3 million a year through the fees.
It has been suggested that the tax, known as the Workplace Parking Levy, could cost firms £3.4 billion a year if rolled out nationwide.
The British Chambers of Commerce has expressed fears that if the Department for Transport approves Nottingham's bid to introduce the tax, other councils will submit similar plans.
Nottingham is home to many large businesses, including retailer Boots and credit-rating agency Experian.
Last year, the Derbyshire and Nottinghamshire Chamber of Commerce carried out a survey to see which of its members were against the tax.
It found 61 companies were threatening to relocate, while a further 74 were considering partial relocation or were shelving any plans to expand in the city.
- 1 What happens to your body when you give up sugar?
- 2 Tourist films plane's descent just metres above packed Caribbean beach
- 3 World Book Day: Boy 'excluded' from school after dressing up as Fifty Shades' Christian Grey
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 GamerGate: developer Tim Schafer provokes rage with joke about online gaming activists at industry awards
Harrison Ford plane crash: Actor will make full recovery thanks to 'beautifully executed' landing
Tourist films plane's descent just metres above packed Caribbean beach
Oxford whistleblower's attempt to protect young victim of a sadistic gang went unheeded
How Homer Simpson discovered the Higgs boson over a decade before scientists
The 'sex selfie stick' lets you FaceTime the inside of a vagina
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Durham Free School: 'Creationism taught at' free school facing closure
End of the licence fee: BBC to back radical overhaul of how it is funded
Elif Shafak: Turkish author warns against rise of British nationalism
Ex-head of MI6: 'We shouldn't kid ourselves that Russia is on a path to democracy'
Most people think legal tax avoidance is just as wrong as illegal tax evasion, poll suggests
£20000 - £50000 per annum: Recruitment Genius: A Physiotherapist / Sports Ther...
£8 - £9 per hour: Recruitment Genius: Sales Executives / Advisors are required...
£14000 - £15000 per annum: Recruitment Genius: An opportunity has arisen for a...
£70000 - £80000 per annum: Ashdown Group: A long-established, technology rich ...