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July 14, 2008

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mileageguru

There is an exciting new business tool provided by Mileage Logger that will eliminate the pain of logging those miles by hand. You might want to check it out.

David

If a company provides a company car and reimburses for fuel at 58.5 cents per mile that would be too much. The 58.5 cents includes much more than just fuel cost.

Kent Romanoff

You are quite right; the mileage reimbursement is intended to cover more than merely fuel. It would seem logical to reduce the amount when a car is provided, but in reality very few companies seem to do it. I think it may have something to do with the tax deductibility of the allowed amount but I am not sure. It could just as easily be a matter of convenience.

candice

What constitutes an "Executive"?

Vehicle reimbursement program

this good post: Crsinc.com provides vehicle reimbursement program for employees who drive their own vehicles for business. Vehicle reimbursements are calculated for both the fixed and operating costs of vehicle ownership and operation based upon employee’s city of residence, annual business miles, driving territory and conditions.

Raven

Nice breakdown. And with regards to executive cars, it really does depend on the car and the company's policy

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