Tax Saver Ticket
Example: An employer purchases an annual ticket for an employee worth €2,700 as part of their salary package. That portion of the employee’s salary package is not subject to tax or PRSI or the Universal Social Charge, saving the employee up to 52% on the price of the ticket. That is a saving of up to €1,404. In addition, the employer does not have to pay PRSI on that portion of the employee’s salary.
Advantages of the Scheme
- If the employee leaves their employment before the ticket expires, we will refund the price of the ticket to the employer on a pro-rate basis. Only remaining whole months will be refunded and this will be processed on receipt of an email from the Employer.
- Cheaper travel for the employee – up to 52% cheaper (savings of up to €1,404 p.a.)
- Reduced PRSI bill for employer (up to 10.75% saving for the employer)
- A less stressful commute by having a pre-paid ticket
- The convenience of receiving travel passes in the workplace
- The commencement date for travel passes is at the employee’s discretion – but must start on 1st of any month.
- Unlimited travel for the duration of the ticket
- By registering your Leap Card, you protect yourself against loss or theft as cards if reported Lost/stolen will have any tickets or credit remaining blocked so no-one else can use it.
To avail of the scheme, please check with your employer to confirm their participation in the scheme. After that, it’s as simple as 1. Ordering a Personalised Leap Card on www.leapcard.ie 2. Filling out your details on our application form and emailing to us at info@collinscoaches.ie Once the application has been received by us, we will issue your employer with an invoice and load your TaxSaver ticket option on to your Personalised leap card. Renewals are as simple as emailing your request for renewal to info@collinscoaches.ie and we will renew it for you without any paperwork.
6 month and 12 month tickets are currently available.
For further information, contact Collins Coaches at (042) 9661631 or email on info@collinscoaches.ie