View Single Post
  #26 (permalink)  
Old 08-07-2007, 08:41 PM
RetireEarly RetireEarly is offline
$ Saving Fourth Grader
 
Join Date: May 2007
Posts: 20
Points: 150.00
Donate
Default

Legally, the taxes should be the same regardless of whether you take the allowance or the company car, given the same vehicle. You are required to pay taxes on either vehicle under personal use but not business use. Also, your daily commute to the office is NOT business use, and is taxable...
Reply With Quote