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Web a car allowance is a sum of money that the business adds to the employee’s annual salary—allowing them to either buy or lease a vehicle. During the term of this agreement, employer shall provide executive a monthly automobile allowance in the amount of $800 plus reimbursement of operating. Web creating a car allowance policy (with examples) there are many.
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Web employers provide employees a flat car allowance, such as $400 per month, to cover the cost of fuel, wear and tear, tires and more. During the term, the company shall provide executive with an automobile allowance of $1,000.00 per month. Web 03/10/2020 (adomani, inc.) source (h) car allowance. The corporation shall provide the executive with an annual car allowance (the “car allowance”), which shall be applied to the purchase or lease of a vehicle.
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