answersLogoWhite

0

A company car allowance is money paid by an employers to an employee for the purposes of running a motor vehicle. A company car allowance provides some relief for class 1 National Insurance contributions and is therefore sometimes considered more attractive than a company car.

User Avatar

Wiki User

11y ago

Still curious? Ask our experts.

Chat with our AI personalities

CoachCoach
Success isn't just about winning—it's about vision, patience, and playing the long game.
Chat with Coach
ProfessorProfessor
I will give you the most educated answer.
Chat with Professor
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran

Add your answer:

Earn +20 pts
Q: How does a company car allowance work?
Write your answer...
Submit
Still have questions?
magnify glass
imp