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Tax free company travel card loans

Submitted on Monday 3rd October 2011

Published on Tuesday 18th October 2011

Current status: Closed

Closed: Thursday 18th October 2012

Signatures: 19

Tagged with

Britain ~ month ~ Tax

Petition Action

Tax free company travel card loans

Additional Information

The purpose of this e-petition is to request that annual rail travel card loans from employers are tax free.

The cost of train travel in Britain has grown disproportionately and will continue to grow above the rate of inflation for at least the next three years. At this point many commuters spend 20-25% of their income on travelling to their place of work. To be able to purchase annual travel cards tax free would be a great relief to many commuters.

Many companies also limit the loans to 1 month of the employee's gross salary. This limit is clearly out-dated and needs to be increased.

The government's popular cycle to work scheme has allowed people who commute by bike to purchase bicycles tax free through their employer train commuters deserve the same opportunity.


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