Last updated on: January 6, 2022 If your company mostly deals with transporting goods or you just simply need your employees to be mobile and you need to provide some kind of means of transport, you have two options to choose from: you can either provide them with a company car or have them use…
August 6, 2019 Or in other words: things you wish you’d known before If you’re driving a car and need to log your mileage for whatever reason (but we imagine it’s mostly tax-related), it’s more than likely that you’ve encountered the phenomenon of mileage log software and apps operating on GPS technology. The first thing…
July 26, 2019 MileageWise can bring fundamental changes for your business when it comes to claiming a tax deduction on your car expenses. The complex administration is the number one reason that keeps people from maintaining a mileage log. But if you do not keep a mileage log you may not even realize that you…
Last updated on June 10, 2022 Any mileage driven with a vehicle for Business purposes is eligible for either Mileage Deduction or Mileage Reimbursement. Business Mileage Deduction can be claimed if a taxpayer uses a vehicle for Business purposes. Mileage Reimbursement is when an employer compensates an employee for the work-related miles they drive with…