Rail commuters could get 20% cashback on season tickets under new Tory plans
RAIL commuters could get a fifth off fares under new Tory plans.
Ministers are backing a 20 per cent cashback move on annual season tickets.
A traveller paying £5,000 would save £1,000 if the outlay was made tax-deductable under the “fairer fares” initiative.
It is under consideration for the Tories’ next election manifesto.
The move would put £400million back into workers’ pockets and encourage more Brits to use public transport, it is claimed.
About 3.45million a day commute to work on mainline trains, light railway systems, trams and London’s Tube.
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Tory MP Stephen McPartland, who is pushing for the change, said: “Making rail season tickets reclaimable at the basic rate of tax would benefit commuters, the environment and the government. It would make commuting more affordable and could be used as an incentive to encourage those who drive now to leave their cars at home.”
PM Boris Johnson is said to be keen on the idea after championing rail, bus and bike initiatives as London’s Mayor.
A Treasury spokesman said: “We cannot speculate on tax reliefs ahead of a fiscal event.”
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