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With a Taxsaver Commuter Ticket, you can save up to 51% on your bus or rail fare with tax and PRSI* savings. You must order your ticket through your company and your company must be registered with Dublin Bus or Irish Rail to offer the Taxsaver Scheme to its employees. The savings are made as the cost of the ticket is deducted from your Gross salary and you do not pay tax or PRSI on the ticket cost.
For Example: Gross Salary - €34,000, Annual Bus & Rail ticket cost- €1190. If you opt for an Annual Bus & Rail ticket, your taxable income is €32,810. You do not pay tax, PRSI and gov levy on €1190. *PRSI rates may vary depending on your contribution class