Coronavirus & Annual Tax Saver

Eddie · 05-08-2020, 14:37

Has this been clarified in any way since 1 May?

Questions I see arising from text are:

1. Are those working from home (and some companies are reporting that employees may do so well into 2021) expected to continue to pay for their Annual TaxSaver ticket (which could be up to €100+ a month or more of after tax income) whilst not using it in exchange for some replacement months travel in the future? Will the replacement time period in months be rounded up or down?

2. How does the refund work in practise for those continuing to pay for their travel and not use it but eventually lose their jobs and are therefore entitled to a refund from the date of lockdown (13 March)?

3. And will those who decided to cancel their cards at the end of March as they could see that their TaxSaver ticket might not be utilised for some time due to home-working be further compensated? Under the "Existing Terms & Conditions" they would have received a rebate of only 10% x Annual Cost of TaxSaver Ticket x [Number of full months remaining - 2]. This cohort of people lose out due to the methodlogy of the rebate plus non-use in the last 2 weeks in March. This cohort of people could fall into the categories of people who either retain their jobs and eventually return to the office or ultimately lose their jobs.

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05-08-2020, 14:37	#3
Eddie Really Regular Poster Join Date: Sep 2009 Posts: 258	Has this been clarified in any way since 1 May? Questions I see arising from text are: 1. Are those working from home (and some companies are reporting that employees may do so well into 2021) expected to continue to pay for their Annual TaxSaver ticket (which could be up to €100+ a month or more of after tax income) whilst not using it in exchange for some replacement months travel in the future? Will the replacement time period in months be rounded up or down? 2. How does the refund work in practise for those continuing to pay for their travel and not use it but eventually lose their jobs and are therefore entitled to a refund from the date of lockdown (13 March)? 3. And will those who decided to cancel their cards at the end of March as they could see that their TaxSaver ticket might not be utilised for some time due to home-working be further compensated? Under the "Existing Terms & Conditions" they would have received a rebate of only 10% x Annual Cost of TaxSaver Ticket x [Number of full months remaining - 2]. This cohort of people lose out due to the methodlogy of the rebate plus non-use in the last 2 weeks in March. This cohort of people could fall into the categories of people who either retain their jobs and eventually return to the office or ultimately lose their jobs.