Call 1-800-595-5456 to speak to one of the pros! Or Chat Live now. Extra features and lightweight durability combine to make the ultimate luggage in the Travelpro Maxlite 4 series. Made of rugged Polyester fabric with water-resistant coating, which provides stain and abrasion protection for better durability.
A company car allowance is a predetermined sum paid to an employee as compensation for driving her own vehicle for business reasons. Companies use car allowances to minimize accounting costs. Once an employee has been allocated a car allowance, that amount is simply added to the employee's paycheck. For example, if the car allowance is $500 per month, this sum is paid to the employee via her paycheck.
Although a car allowance forms part of your salary, it is not like your base salary. Many lenders are of the belief that any additional funds received, will be used solely to maintain the car and not for any other purpose such as a mortgage repayment. car allowance is a sum of money given to an employee for the upkeep of their company car. It may be included in their salary as an additional benefit. The money is then used to pay for goods and services related to maintenance of the car. This may include cleaning the car, fuel, inspections and repairs.