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SVTPerformance's Chain of Restaurants
Road Side Pub
Vehicle Allowance - Anyone here receive it??
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<blockquote data-quote="jf4boogie" data-source="post: 11212565" data-attributes="member: 57802"><p>Just wondering what kind of vehicle allowance you guys get and how you use it. I read that although it is considered taxable income, that you still get to write off mileage (at $.xx per mile) or fuel/maintenance. I would get a gas card, so fuel wouldn't be an "issue" so-to-speak as far as income/taxing go.</p><p></p><p>I guess I'm just looking for the best way to maximize it as a benefit. My understanding is that its actually a write-off for the company as well...</p><p></p><p>Anyway, just seeing if you guys could help shed some light on something new to me.:beer:</p></blockquote><p></p>
[QUOTE="jf4boogie, post: 11212565, member: 57802"] Just wondering what kind of vehicle allowance you guys get and how you use it. I read that although it is considered taxable income, that you still get to write off mileage (at $.xx per mile) or fuel/maintenance. I would get a gas card, so fuel wouldn't be an "issue" so-to-speak as far as income/taxing go. I guess I'm just looking for the best way to maximize it as a benefit. My understanding is that its actually a write-off for the company as well... Anyway, just seeing if you guys could help shed some light on something new to me.:beer: [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Vehicle Allowance - Anyone here receive it??
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