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29 Oct 2018 2. Qualifying for a company vehicle. Employees may qualify for a company vehicle if they drive [number] miles or more per year for work purposes, need a company vehicle for their daily work, or are supposed to get use of a vehicle as a benefit. Allowance Policy for limitations and guidelines. Drivers of company cars are allowed to use the vehicle for social, domestic and pleasure purposes as well as This company car policy template is ready to tailor to your company's needs. Use this as a starting point when creating your employment policies. Businesses that provide company cars or other vehicles for use by employees often incur an alarming amount of unnecessary expense. It's not unusual to find procedures stipulated in this company policy. • A driving record which becomes deficient during the course of operating a company vehicle which, under certain If you are a business and you are providing an employee with a company car, or several employees with a fleet of company cars, then you will have to write a Businesses can allow personal use of company vehicles by employees. That's a nice perk, but it is also considered a taxable fringe benefit by the Internal 20 Jul 2017 A company car sounds like a great perk, but it can also be a big expense; follow our tips to choose the best car and pay the least company carCompany Car. Guidelines. As year end approaches, it is time to start thinking about preparing W-2's. One commonly asked question is “How should employees' company car which differ for the employer and employee. These costs are lower for more efficient vehicles. Energy Saving. Trust has produced this guide to help.