Why a Car Allowance is Taxable Across industries, car allowances have long been a favorite vehicle program. The reasoning is as simple as the program itself: a car allowance is…
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It’s easy to understand why car allowances are a popular vehicle program. Also known as vehicle allowances, they’re simple to implement and easy to keep track of. All driving employees…
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Companies choose their business vehicle program for any number of reasons: cost control, ease of administration, benefit to driving employees. So what is a vehicle allowance? And why would a company use it as…
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