Car Allowance: The Ultimate Guide
Updated on March 1, 2024 What does car allowance mean? What is it supposed to cover? What are the other options when it comes to employee mileage reimbursement? Pros and cons for car allowance? In this article, we intend to cover this wide topic in its entirety. Let’s start with the foundations: What is car allowance and how does it differ from other types of employee benefits? An employee may get a car allowance as a type of payment to help defray the expense of driving their own automobile for