Calculate the cash or salary value of a company car
Employers and employees alike often find it useful to have details on the approximate cost in salary terms of providing a car if the employee purchases and runs it, instead of being provided with a vehicle by their company.
Designed to help address this issue, Croner Reward offers the Company Car report and provides an online Car Allowance Calculator.
Particularly helpful where employees are given the option of taking a cash allowance or having a car provided, these tools will help determine which is most cost effective for the employer and tax efficient for the employee.
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