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How do I get paid my earnings?

 

YourParkingSpace offers two options when it comes to receiving payment for your earnings: Paypal or Bank Transfer. 

To receive earnings, set up your payment preference in your Space Owner account. YourParkingSpace deducts a 3% processing fee.

Selecting PayPal as your payment method incurs a platform fee. Charges may vary - consult PayPal for the latest rates.

What do I need to do to qualify for a payment?

Earnings for the month are automatically paid on the first business day of the following month. You'll only ever be paid for an hourly/daily booking once it's complete.

Monthly bookings are paid on the first business day of each month for the period used. This means your first month and last month are typically less than a full months rent, unless the booking starts on the first and ends on the last day of the month.
Please note that no payments are made on a bank holiday. If a payment date falls on a bank holiday, earnings will be paid the following business day.

HMRC Reporting

Payments are conditional upon sufficient tax information being provided to YPS - for more information, please see here