This guide explains your tax and National Insurance contributions (NICs) obligations if you contribute to an employee's public transport costs.
On this page:
Covers season tickets or any other public transport vouchers you provide to an employee.
For employees earning at a rate of less than £8,500 per year:
For company directors or employees earning at a rate of £8,500 or more per year:
The value to use is the cost to you of providing the ticket or voucher.
Your employee pays for their public transport season ticket, but you either:
These payments count as earnings, so:
The value to use is the amount that you pay towards your employee’s costs.
You provide a loan to your employee to enable them to buy a season ticket and any of the following applies:
Provided the combined outstanding value of your loans to the employee is less than £5,000 throughout the whole tax year, you have:
Loans provided to employees - find out more
You pay a subsidy to a bus operator (or to a body such as a public transport authority, which then distributes the money to a bus operator) to help finance a local public bus service that is potentially useful to your employees. For example, a bus route that stops outside your workplace gate. In return, your employees get free or reduced-rate transport on the supported route.
The service is used by your employees at least partly for any of the following 'qualifying journeys':
Provided the above conditions are met you have:
It’s important to choose correctly between forms P11D and P9D for each employee. The form to use depends on the whether the employee is a director of your company and on whether their earnings are above or below an annual rate of £8,500. For more information - including details of what’s included in the £8,500 threshold - follow the link below.
EIM06300 - Employment income: season tickets provided; liability to tax
NIM02335 - Class 1 NICs : Earnings of employees and office holders : Season tickets
EIM21855 - Particular benefits: exemption for subsidies to public bus services