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.
Car allowance. Your employee is considered to have accounted to you for car expenses that do not exceed the standard mileage rate. Beginning in 2015, the standard business mileage rate is 57.5 cents per mile. You can choose to reimburse your employees using a fixed and variable rate (FAVR) allowance.