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Is the taxsaver ticket worth it for weekday returns from Bray to town?

  • 04-11-2013 3:57pm
    #1
    lazlo
    Banned (with Prison Access) Posts: 541 ✭✭✭


    The taxsaver monthly ticket works out at €134/month but I can't see a five day ticket costing any more than €30 per week.

    I don't see myself using the DART outside of weekday so is the "taxsaver" just gonna do bugger all for me as a commuter?


Comments

  • #2
    Neon_Lights
    Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Neon_Lights


    fare capping is coming in at €35.50 per week with the leap card on irish rail, which would equate to €142 max per month, but you're flexible in terms transport modes also.

    So depending on how you use it could work out cheaper. Not sure how much it is from bray to town.

    Edit its 2.75 one way, 5.50 return Bray to connolly, assuming youre in 5 days a week its 27.5 x 4 = 110 per month with the leap


  • #3
    lazlo
    Banned (with Prison Access) Posts: 541 ✭✭✭lazlo


    Neon_Lights wrote: »
    fare capping is coming in at €35.50 per week with the leap card on irish rail, which would equate to €142 max per month, but you're flexible in terms transport modes also.

    So depending on how you use it could work out cheaper. Not sure how much it is from bray to town.

    thanks for that. When will they invoke this new cap do you know?


  • #4
    circular flexing
    Registered Users, Registered Users 2 Posts: 2,593 ✭✭✭circular flexing


    €134 per month is pre-tax relief price.

    At the top rate of tax, it'll be €64 a month (or so). Lower rate it'll be €92 or so.


  • #5
    Neon_Lights
    Registered Users, Registered Users 2 Posts: 1,426 ✭✭✭Neon_Lights


    Fare capping as I was just made aware is in place for the luas and irish rail


  • #6
    Macy0161
    Registered Users, Registered Users 2 Posts: 9,556 ✭✭✭Macy0161


    lazlo wrote: »
    The taxsaver monthly ticket works out at €134/month but I can't see a five day ticket costing any more than €30 per week.

    I don't see myself using the DART outside of weekday so is the "taxsaver" just gonna do bugger all for me as a commuter?
    The €134 is the gross figure - you wont pay tax or PRSI on that part of your wages, which is where the savings come from. If you paying top rate of tax, it works out around €65 for the month, not €134.


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  • #7
    lazlo
    Banned (with Prison Access) Posts: 541 ✭✭✭lazlo


    sorry guys I'm confused here

    http://taxsaver.ie/Ticket-Types/Ticket-Validity/Monthly-Rail-Outer-Hop/


  • #8
    loyatemu
    Registered Users, Registered Users 2 Posts: 15,330 ✭✭✭✭loyatemu


    1. your employer buys the ticket for you.
    2. they deduct the cost from your pre-tax salary
    3. as you don't pay tax on that bit of your salary the net cost to you is either 20% or 41% less than the actual cost of buying the ticket yourself.

    So if you're on the top rate of tax, you'll only see your salary reduced by €69.68 per month...


  • #9
    Victor
    Registered Users, Registered Users 2 Posts: 78,580 ✭✭✭✭Victor


    Where are you travelling between? Note that the fare bands from Bray to Broombridge, Bayside, Kilbarrack, Portmarnock and Sutton have been changed.

    Bray to the city centre is fare ban J.

    Bray-City Centre
    Adult Leap Card €2.80
    Adult Single €3.55
    Adult Return €6.40
    Adult 3 Day €17.60
    Adult 7 Day €30.30

    Short Hop Zone
    Adult All Day Rail only €11.10
    3 Day Rail only €23.80
    Weekly Rail only (Inner) €35.80
    Weekly Rail only (SHZ) €40.50
    Monthly Short Hop Zone - rail only €134.00 *
    Annual Short Hop Zone - rail only €,1340.00 *

    Student
    Weekly Rail only (Inner) €25.90
    Weekly Rail only (SHZ) €27.50
    Student Short Hop bus & rail €108.00

    * Can avail of the Taxsaver scheme.


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