Using Your Own Car For Business Purposes

Using Your Own Car For Business Purposes
Using Your Own Car For Business Purposes

Video: Using Your Own Car For Business Purposes

Video: Using Your Own Car For Business Purposes
Video: Benefits of Using a Personal Vehicle for Business Use - Tax Tip Weekly 2024, November
Anonim

In modern society, the main criterion for hiring an employee is mobility and having your own car. This is what many companies say. For example, customer service specialists, sales managers, couriers, sales representatives - these are employees whose mobility is mandatory for performing basic job duties. However, not every company can independently provide its employees with cars, therefore, when applying for a job, preference is given to applicants with a personal car.

Using your own car for business purposes
Using your own car for business purposes

If your vehicle is being used for business purposes, compensation for operating the vehicle must be considered. What monetary compensation can an employee receive when his personal property is used?

1. Compensation for vehicle wear and tear. Such compensation is usually set as a specific monthly payment. In addition, payments are provided for fuel, washing, repairs and for everything related to car maintenance. The use of your own car in the work process must be stipulated in the employee's employment agreement. In addition, it is necessary to additionally document a personal car as a service car. For example, in an enterprise regulation. This is a document that stipulates specific compensation and reimbursement of the cost of servicing the machine, here the traveling schedule of the employee and the job description of the employee must also be indicated. This document specifies the responsibilities associated with travel for work moments.

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2. An agreement between the employee and the employer on the use of a personal car for work purposes. Sometimes such an agreement is included in the employee's employment agreement, but there may be situations where it can be revised. It is better to draw up it in a separate document. In such a document, it is necessary to take into account all possible points. Namely: a description of the vehicle, the amount of compensation, compensation for damages and their amount, as well as the procedure for confirming the costs incurred, the timing of payment of relying compensation.

3. Order of the first head on the procedure for compensation for losses. This order must be included in the agreement of the parties.

4. Documents that confirm the costs of operating your own car for business purposes.

If all the recommendations are taken into account, then the operation of a personal car for work purposes will not bring trouble to its owner.

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