BCIT employee parking is treated as a taxable benefit, according to the Canada Revenue Agency (CRA). The taxable benefit varies for each campus and employee designation. The amount of the benefit is based on the fair market value of the parking, minus any payments made by the employee for parking.
Employee parking at BCIT is optional and those who participate have the ability to opt out any time during the year. Once an employee has opted out, a parking permit can be repurchased on one of the four dates: January 1, April 1, July 1 or October 1. The actual purchase date may occur within three days before or after the start of the month.
Employee parking is designated by lot. Your paid parking allows you to park in your designated employee lot or any student lot. If you park in another employee lot, you will be ticketed.
Staff and faculty with Lot 7 parking permits are invited to park in any student parking lot on the Burnaby Campus if Lot 7 is full. Please continue to display Lot 7 parking pass. Imperial Parking has been notified of this change.
Faculty and employees can purchase a parking permit by:
- Attending the Safety,
Security and Emergency Management Administration Office: SW01-1000
during office hours (07:30 - 15:30 Monday through Friday).