Travelplansinmomhands
- How does a season ticket loan work?
- What is annual season ticket loan?
- What is a season ticket advance?
- Are season ticket loans tax free?
- Are train season tickets worth it?
- Can you use someone else's season ticket?
- Can you pay for an annual season ticket monthly?
- What are the benefits of a season ticket loan?
- Do season tickets include return journeys?
- Can I buy a monthly train ticket?
- How much is a Premier League season ticket?
How does a season ticket loan work?
Many employers offer interest-free, or low-interest, season ticket loans. Your employer will either give you a cheque made out to the travel company you're buying the season ticket from, or will give you the cash into your bank account for you to use on the ticket.
What is annual season ticket loan?
Season ticket loans are available for the sole purpose of purchasing an annual season ticket for use in travel from home to work. The season ticket will cover relevant public transport costs but not any other costs of travel, for example it will not cover any costs associated with car use including parking.
What is a season ticket advance?
You can apply for a season ticket advance to assist with travel costs such as rail or bus fares, car parking, toll bridge or tunnel costs or with the purchase of a bicycle for travel between home and place of work.
Are season ticket loans tax free?
The loan is generally interest free, so it doesn't cost you any extra to borrow that money for a year. ... But season ticket loans are 'tax free', meaning that they don't affect your taxable income one way or the other (i.e., it doesn't reduce your taxable income either).
Are train season tickets worth it?
Will a season ticket be better for you? In most cases, a season ticket will be cheaper than paying day-in, day-out. It's worth taking five minutes to work out the cost of your commute to see what savings can be made. Remember, you won't actually be going every day, so account for weekends and holidays.
Can you use someone else's season ticket?
Technically no you can't, but in reality you'll almost certainly be fine. One thing I thought I noticed with my kids' cards and mine is that they seemed to flash a different colour light on the turnstiles, but they're juniors not young adults or whatever.
Can you pay for an annual season ticket monthly?
One new option for rail travellers is to join a commuter scheme such as CommuterClub which helps Londoners save on their commute with its flexible, low cost payment plan. This allows you to buy an annual ticket but pay for it in monthly instalments, though you still retain the savings of the yearly season ticket.
What are the benefits of a season ticket loan?
Season Ticket Loans
Where taking the same journey 3 times per week or more, a season ticket can provide significant cost savings. Employers can provide season ticket loans to employees without charging interest with no benefit arising, or some choose to charge a nominal level.
Do season tickets include return journeys?
Travelling on a Season Ticket
Most Season Tickets are return “Anytime” tickets; therefore you have the complete freedom to travel at any time of day between the origin and destination stations you specify (in both directions). You can use your Season Ticket as often as you like while the ticket is valid.
Can I buy a monthly train ticket?
You can use the ticket at any time during any seven day period for travel between the points shown on the ticket - the more you travel, the more you save! Monthly Season Tickets offer great savings compared to buying four individual Seven Day season tickets.
How much is a Premier League season ticket?
For the 2019/20 Premier League season, West Ham United sells the least expensive seasonal ticket at 320 British pounds, followed by Manchester City for 325 British pounds.
