Stagecoach Yorkshire offers employees tax-cut ticket offer

Stagecoach Yorkshire have introduced a new travel scheme which aims to cut the amount of tax employees pay on their earnings.

The new Corporate Travel Plan enables staff to agree to a reduction in pay, equal to the cost of an annual season ticket for bus travel. The employer then provides the ticket, with Stagecoach responsible for the administration. a new travel scheme and cut the amount of tax employees pay on their earnings.

It means employees do not pay income tax or National...