The True Cost Difference: Car Allowance vs Mileage Reimbursement
Construction Business Owner
MARCH 28, 2024
The True Cost Difference: Car Allowance vs Mileage Reimbursement You know how much you're paying employees, but do you know the real cost? mhodges Thu, 03/28/2024 - 09:34 Monthly car allowances are simple to administer, but about 30% of the money never even makes it into your employee’s pockets. Make sure you're taking everything into account, from compliance and tax implications to employee fairness and retention, to choose the most cost-effective vehicle program for your business.
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