No, travel passes provided under the TaxSaver scheme are not taxable. There’s no PAYE, PRSI, or USC on this benefit. Your employer buys the pass (often through a salary sacrifice arrangement) and passes it on to you tax-free. A handy way to cut commuting costs if it’s offered where you work.
Is the provision of travel passes for bus, train or Luas taxable as BIK?
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About the Author: Cathal Maxwell
Cathal brings over 40 years of tax experience, advising individuals and businesses on Income Tax, Capital Taxes, Inheritance Tax, Stamp Duty, and VAT.
