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Car allowance

mc25
mc25 Registered Posts: 232 Dedicated contributor 🦉
July 2008 in General accounting discussion
If a company offers an employee the option of having a company car or claim car allowance. Which one will be a better deal. What are the advan and disadvan on both

I suggested the car allowance but i did not have much points to back this up, and if he was to have the car allowance how does he get taxed on this?

Any ideas will be appreciated.
thanks:001_smile:
0

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