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Car Allowance Policy Effective July 1 2014IntroductionDiversity and Inclusions document provides information about the use of vehicles for business use under the Company Car Allowance arrangements.
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Car allowance is a set amount of money provided by an employer to employees to cover the costs associated with using their personal vehicle for work purposes.
Employees who use their personal vehicle for work purposes and receive a car allowance from their employer are required to file car allowance.
To fill out car allowance, employees must accurately document their mileage and expenses related to using their personal vehicle for work purposes.
The purpose of car allowance is to compensate employees for the expenses incurred while using their personal vehicle for work purposes.
Employees must report their mileage, expenses, and any other relevant information related to using their personal vehicle for work purposes on their car allowance form.
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