A new tax ruling which will effectively provide cheaper travel on Translink operated bus services has been given the thumbs up from the peak body representing Queensland’s bus industry.
An ATO class ruling means a salary packaging provider can now offer eligible employees from about 300 Queensland organisations the ability to salary sacrifice bus travel within the south-east Translink network.
David Tape, the Executive Director of Queensland Bus Industry Council (QBIC) says any measure aimed at getting more public use of buses is a positive on many levels.
“Cheaper travel means more patrons will think about taking a bus and the flow on effects from having more cars off the road are enormous, particularly around the heavily congested arterial hubs”.
Mr Tape hopes more employers will allow their employees the means to tap in to this scheme which could save commuters up to 15 hundred dollars per year in bus fares.”
“This should be the start of reducing the costs of fares for bus transport and hopefully complimenting the positive outcomes which QBIC hopes to see from the State Government’s review into fare prices later this year”
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