Employer paying for season ticket

74jax

Is there a travel pass which only covers your 3 days? Would that work or less than the 5k?

Marvel1

wilfred30 said:

So the difference  between what they are prepared to give you and the cost of the season ticket is £186, hardly 'a lot' over the course of a year.

I think there's a danger that if you kick up a big fuss about it, you may find that your job offer is rescinded.

A bit more as the 5k is only gross.

TELLIT01

wilfred30 said:

So the difference  between what they are prepared to give you and the cost of the season ticket is £186, hardly 'a lot' over the course of a year.

I think there's a danger that if you kick up a big fuss about it, you may find that your job offer is rescinded.

The difference isn't only £186.  From the £5k they will add to the salary to cover the cost of the season ticket, tax and NI also has to be deducted.  The OP will actually lose something like £1.5k.  If the employer is to cover the entire cost of the season ticket they would need to pay nearer £7k.

AskAsk

they can pay for the travel pass but they will have to declare it as a benefit in kind to HMRC.  this then means it is treated as wage and subject to income tax.

it is better than paying you an additional wage equivalent to the travel pass as that would also be subject to national insurance contributions.