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.
A car allowance ?? Is that what you are asking? If so, it is what a company will allow you as a company car.. Say..you have a $500. month car payment and your company allows you $400. then you would get the $400 check to pay towards your car.
What is the federal mileage allowance for car travel to work with non-profit organizations? What if I am a for-profit busiiness hired to work for a non-profit? Do they pay the non-profit rate or the business rate? 20
How much your boss will give you for gas to drive your car for work.
Trade in allowance is the allowance provided by the vendors to the company when company sell the old asset and acquire the new same asset from vendor, trade-in allowance is the amount paid by vendor for the old asset if it is more than salvage value then it is gain otherwise loss on sale of asset.A trade-in allowance is the amount of money taken off the sale price in exchange for the item being traded in by the customer. It is most commonly seen in the automotive industry when a person trades in their old car to the dealer. The term "trade-in allowance" is used because it is different than the actual value of the item. For example, the new car has a retail price of $20,000, but the dealer would be willing to discount the vehicle and sell it for $19,000 cash. The old car has a wholesale value to the dealer of $8,000; but the dealer would offer a trade-in allowance of $9,000 off the full retail price of the new car. The difference between full retail and the trade-in allowance ($11,000) is the same as the difference between what the dealer is willing to take for the new car and what he is willing to pay for the trade-in (19 - 8 = 11). The actual values are used in the accounting entry. Here, the dealer records a $19,000 sale and a used car at a cost of $8,000.
$x divided by $12 = number of car washes per week $x = allowance
Nissan is the best
Vehicle allowance refers to how much information the dealership will give you towards a new car. If they have allotted you $3,000 dollars towards another car, than that is your vehicle allowance.
To write a letter to ask for car allowance you must be formal and prepared. First one must have a valid reason to be paid the car allowance. Then you must write a formal letter requesting this to the person in charge of this matter.
No. That would either be a negotiated agreement between you and your employer - OR - a 'perk' of your job. Customarily employers offer to pay a "car allowance" of so-many-cents per mile to offset the expense you would incur in conducting ther business.
Only the top producers do, depending on the company they work for.
No -- your personal mileage is NEVER deductible. In fact, in your situation, the personal mileage use of the employer provided auto is taxable benefit. (Note: Commuting to and from work is considered personal use).
If your car is a company car you are allowed to smoke in it so long as no other colleagues share the car. If you do share the comapny car with one person the car is deemed the workplace-and as we know smoking at work is now against the law