A company car made available to an employee which the employee may use for private purposes is a wage in kind. The gain obtained from the private use of the car is added to the employee's wages and is subject to payroll taxes.
Private use includes detours in the commuting route which are made for private reasons.
Business use includes commuting on journeys between home and work during the day, including driving for lunch at home.
The addition to the employee's wages is, in general, at least:
- Ìý
•ÌýÌýÌýÌý 22% of the
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 15:13