Hi there

We are looking into the possibility of introducing interest free season ticket loans to our employees.

I would like to understand the following:

– Are there any costs associated with introducing season ticket loans?
– It seems quite straightforward to introduce, however are there any factors I should consider before making a decision?
– Are there any tax implications to the employer/employee?

Also, if anyone has any polices/documents they would be happy to share with me in relation to this, that would be great.

Thanks

Paula Miles

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