Call 1-800-595-5456 to speak to one of the pros! Or Chat Live now. Extra features and lightweight durability combine to make the ultimate luggage in the Travelpro Maxlite 4 series. Made of rugged Polyester fabric with water-resistant coating, which provides stain and abrasion protection for better durability.
A company car allowance is a predetermined sum paid to an employee as compensation for driving her own vehicle for business reasons. Companies use car allowances to minimize accounting costs. Once an employee has been allocated a car allowance, that amount is simply added to the employee's paycheck. For example, if the car allowance is $500 per month, this sum is paid to the employee via her paycheck.
Car allowances are for the purposes of reimbursing expenses for use of an employee's vehicle and are not to be considered a business perk. Car allowances are not taxable.