Business Vehicle Programs: Why is a Car Allowance Taxable?
Runzheimer
AUGUST 17, 2023
For all mobile workers , companies share a lump sum each month to cover the costs of business driving in their personal vehicles. In this blog, we will dive into what a car allowance is , what makes a car allowance taxable and discuss a better alternative to an allowance. Calculating a rate can become comp l icated quickly.
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