Advantages of Transport Tickets within a flexible benefits plan

How does the Edenred Mobility transport card work within Flexible Remuneration?

La Edenred Mobility transport card It's a means of payment exclusively for covering the employee's public transport expenses, such as season tickets or metro, bus, or commuter rail tickets. This card can be part of a Flexible Remuneration Plan, This means that the employee can allocate part of his or her gross salary to this benefit without being taxed on that amount for personal income tax purposes. 

This translates into direct savings, as it reduces the employee's taxable base and, therefore, the tax burden. For the company, it does not represent an additional expense, but rather a redistribution of the total salary into non-monetary, tax-exempt benefits.

If you want to know where to use it and how it works in practice, read our article: Here's how and where to use your Edenred Mobility ticket: **How to use it:** * **Payment:** You use the ticket like a payment card. When you need to pay for transport, simply present your Edenred Mobility ticket at the point of sale or use it for online bookings. * **Verification:** The provider will verify the ticket and deduct the cost of your journey or purchase from its balance. **Where to use it:** Edenred Mobility tickets are typically accepted for a wide range of public and private transport services. This often includes: * **Public Transport:** * Buses * Trams * Metro/Underground services * Local trains * **Private Transport:** * Taxis * Ride-sharing services (like Uber, Bolt, etc.) * Car-sharing services * Bike-sharing schemes * Scooter-sharing schemes * **Other Mobility Services:** * Parking (in some locations) * Electric vehicle charging stations (in some locations) **Important Considerations:** * **Check for specific partners:** The exact places where your ticket is accepted may vary depending on your employer's agreement with Edenred and the specific services available in your region. It's always best to check the Edenred Mobility website or app, or ask your HR department for a list of accepted providers. * **Check the balance:** Make sure you know the balance on your ticket before making a purchase to avoid any issues. * **Terms and conditions:** Familiarise yourself with any terms and conditions associated with your Edenred Mobility ticket, such as expiry dates or usage restrictions.

Advantages of the Edenred Mobility transport ticket in Flexible Benefit plans

Include the transport card as part of the Flexible remuneration offers multiple benefits for both companies and employees: 

For the worker:

• Tax saving With the Edenred Movilidad card, employees can save up to 30% on their regular travel costs, as this benefit is not taxed as remuneration in kind within the legal limits. Calculate your savings with our Flexible Benefits Calculator!
• Comfort: The card links directly to the public transport app, so the monthly top-up is managed in a few clicks, with no extra travel or administration.
• Flexibility: The employee themselves decides each month how much to allocate to this benefit, adjusting it to their route, frequency of use, and lifestyle, with no fixed amounts imposed.
  
  

For the company:

• 100% deductible for corporation tax purposes: Expenditure on transport vouchers (100%) is deductible when calculating the taxable base for corporation tax, which enables the company to optimise its tax burden whilst offering a genuine benefit to its staff.
• Competitive advantage and talent retention Companies that offer this benefit increase the satisfaction and loyalty of their teams, differentiating themselves from other companies in the sector when it comes to attracting and retaining talent.
• Simple management the platform of Edenred Flex centralise benefit administration, so that the HR department does not take on additional operational burden.
• Sustainable transport This benefit encourages the use of public transport among the workforce, it helps reduce the company's carbon footprint and reinforces its commitment to sustainability to clients and employees.

Tax advantages: How much can you save with the transport ticket in Flexible Remuneration?

Spanish legislation states that the use of a transport card within a Flexible Remuneration plan is exempt from tax matters up to maximum of €1,500 per year per employee. This means that an employee can allocate up to €136.36 per month to public transport without this amount being taxed as salary. 

This limit turns the Flexible Benefit for Transport one of the most profitable benefits for the worker, especially in large cities where daily commutes represent a considerable expense. 

How to implement a transport card in your company

Incorporate the Edenred Mobility transport card within the Flexible Remuneration plan It's straightforward. All that's needed is a provider that facilitates the management of this benefit and integrates easily with the company's HR systems. At Edenred, for example, we offer an intuitive digital solution that allows each employee to manage their own card from the Edenred Flex online platform. The company can activate this benefit without administrative complications and with full legal compliance. 

If you want to discover the real impact that a transport ticket and benefits package can have on your organisation, try our ROI calculator for businesses and get a personalised estimate of your return on investment.

Other benefits you can offer as part of flexible remuneration

Apart from the transport card, there are other products that can be part of a Flexible Remuneration plan and help employees save month by month. Among the most used are the Nursery cheque, which allows for the payment of childcare services for children under three years of age, and the Ticket Restaurant, The purpose of the programme is to cover meals in restaurants and bars.  

Both benefits, as well as the transport card, are exempt from income tax up to certain limits established by law, which translates into a higher net salary without increasing the cost for the company.