What is an employer-provided vehicle?

Employers often provide their employees with a travel allowance to meet the cost of business-related car travel expenses. Some employers alternatively provide their employees with the use of a company-owned motor vehicle for the same purpose (i.e. employer-provided vehicle). Private use of an employer-provided company-owned vehicle is a taxable fringe benefit

Last Updated: 30/06/2013 6:36 PM     print this page
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