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Tax Saver Tickets - Bus

TrustedApple · 2016-03-19 00:27:06

Hi guys i am wondering can someone explain to me 100% how the Tax saver Bus tickets work ?. As i signed up for them via work and they seem to just tell me look online and thats it when i contacted HR. Anyway my Bus pass costs me 102.30 a month and on the tax saver website it says i get a discount of 30.18. So if i am right…

19-03-2016 12:27am

#1

TrustedApple

Closed Accounts Posts: 5,678 ✭✭✭

Join Date: July 2010

Posts: 5284

Hi guys i am wondering can someone explain to me 100% how the Tax saver Bus tickets work ?. As i signed up for them via work and they seem to just tell me look online and thats it when i contacted HR.

Anyway my Bus pass costs me 102.30 a month and on the tax saver website it says i get a discount of 30.18. So if i am right do i only pay €72.63 from my wages at the end of the month ?.

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Comments

#2 20-03-2016 1:36pm

DmanDmythDledge

Registered Users, Registered Users 2 Posts: 890 ✭✭✭

Join Date: October 2007

Posts: 828

Basically the cost of the monthly/annual tickets are deducted from your taxable pay. So if your monthly salary is €2k for example, your taxable pay would be €1,897.70.

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