Bus+ Helping you save money on your journey to work

Monday, 02 September 2013

Bus+ provides staff with subsidised bus travel for commuting to work

Bus+ is a new scheme being offered by the University in partnership with Reading Buses, to provide staff with subsidised bus travel for commuting to work.  Bus+ is a salary exchange scheme which enables you to make significant savings on the cost of an annual bus pass through tax and National Insurance savings. 

The Bus+ Commuting Card costs £429 p.a. Your gross salary will be reduced by this amount over a 12 month period (£35.75 per month). Because your gross salary will be reduced, you will pay less tax and National Insurance, saving you money. A basic rate taxpayer could save over £10 per month. Your actual savings will depend upon the rate of tax you pay and whether you are a member of one of the University's pension schemes.

Don't worry if you can't get your application in by this time, as you can apply for a Commuting Card at any time throughout the year and it will be processed in the next available salary run. The card will be valid for a full calendar year. 

How to join Bus+

Please go to www.reading.ac.uk/benefitsplus for further information. You can join the scheme at any time throughout the year. Your application will be processed in the next available salary run. All you need to do is follow 3 simple steps:

Step 1:   Read the Frequently Asked Questions and Terms & Conditions

Step 2:   Complete the Application Form specifying the bus route you mainly use for commuting to and from work

Step 3:   Send your completed Application Form to Human Resources

You will then receive your Commuting Card from Reading Buses in the post.

Questions? 

Please contact either hroperations@reading.ac.uk

Or Claire Eckett c.e.eckett@reading.ac.uk