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.
The amount of the allowance is usually based on how much the company feels is fair for using your car, and is made in lieu of providing you with a company vehicle. On the other hand, some companies may choose to simply reimburse you at a certain amount for each mile driven while on company business.n most cases, your employer will compensate you in one of two ways: a company car allowance or a mileage reimbursement plan. Some companies choose to simply give employees a set amount each pay period for using their vehicle while on company business.