The taxsaver ticket scheme is a tax-efficient, salary-sacrificed employee benefit that provides a way of encouraging more adults to travel to work using public transport.
Employers purchase an annual or monthly Bus, Rail or Luas ticket on behalf of their staff and the employee repays the employer through a salary sacrifice arrangement over a maximum of 12 months. The employee saves on income tax, PRSI and USC enjoying savings of up to 52% of the retail price of the ticket. The employer also saves up to 10.75% in Employers PRSI contributions.
HubEx can provide a fully customised online company travel portal to allow your staff take advantage of the Government Tax Saver Schemes offering tax free bus and rail tickets. Our travel portal automates the application process thereby removing the administration of the Tax Saver Schemes, saving you time and money. HubEx are Ireland's only benefit provider offering taxsaver services.
By offering the travel portal you are providing convenience and significant tax savings for doing what your staff already do — commuting to and from work.
For the company it means no more administration with different Bus and Rail operators, or wasting valuable company time doing unnecessary paperwork. The HubEx online system means less paperwork for you as all employee tax saver applications are made over the web. We partner with Dublin Bus, Irish Rail, Bus Eireann, Luas and over 20 Private Coach operators like Matthews and JJ Kavanagh's and even Ferries.
Why run a Taxsaver Ticket scheme?
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