3 ms·
But this could easily be replaced by an increase in salary right ? It is not really part of the workplace (unlike coworkers, location, size, etc.)
by herogreen 7y ago
But this could easily be replaced by an increase in salary right ? It is not really part of the workplace (unlike coworkers, location, size, etc.)
- NullPrefix 7y ago> 11.000 km in a month > replaced by an increase in salary That's like a grand extra every month. Post tax.
- chadash 7y agoOr reimbursement for mileage. Businesses can take this as a tax write-off (i.e. no payroll taxes) from the IRS [0]. My father used to get reimbursed for mileage from his work at the IRS rate, which accounts for things such as reduced car value, gasoline and maintenance costs, but is actually quite generous. The reimbursement rate was high enough that he actually made money from it, since it exceeded the costs of gas, increased maintenance and depreciation. That said, if you drive a ferrari which depreciates quickly and guzzles lots of gas, the calculus is going to be different. [0] https://www.ifebp.org/news/regulatoryupdates/Pages/2019-irs-mileage-rates.aspx https://www.ifebp.org/news/regulatoryupdates/Pages/2019-irs-...