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  • 1,500+ Business Documents - Cars and car allowances policy
    Cars and car allowances policyIf you provide your employees with a car you can use a policy to set the detailed terms and conditions of its use. However, you must now provide the key information relating to benefits, including company cars, in the written statement of employment particulars, or employment contract, itself. A company carWhen providing an employee with a company car, you need to think carefully about who is going to pay for what in terms of fuel, insurance, MOT, licensing, repairs, etc., who can...
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  • 1,500+ Business Documents - Employees using their own cars for business policy
    Employees using their own cars for business policyIf employees use their own vehicles for business journeys, you should have a company policy which spells out the situation regarding insurance, parking and mileage rates at which you will reimburse them. Tax-free mileageYou can pay any reasonable amount to an employee as compensation for using their own car for business journeys (ordinary commuting does not count as a business journey). The most tax and NI-efficient way to do this is as a mileage allowance. HMRC...
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