Car allowance instead of increased basic - good or bad?
2 posts • Page 1 of 1
by lloyd on Fri Sep 02, 2005 1:15 am
from an employess point of view... is having a car allowance on top of your basic salary a benefit or a negative when compared to just an increased basic?? For example, is a basic of £25k plus £3k car allowance better than just a basic of £28k???
- lloyd
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- Joined: Wed Aug 06, 2008 3:28 pm
by King_Maker on Fri Sep 02, 2005 7:20 am
It is unlikely to make any difference, unless you belong to a Company pension scheme which does not include the car allowance as pensionable earnings.
If you are doing a significant number of business miles, the car allowance could be better depending on its structure.
If you are doing a significant number of business miles, the car allowance could be better depending on its structure.
- King_Maker
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- Joined: Wed Aug 06, 2008 3:22 pm
2 posts • Page 1 of 1
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