Private Car Allowance Policy
Many companies are now giving a cash allowance to eligible staff instead of a company car, so that within set guidelines, the employees can choose a car that most suits them for both work and personal activities.
This Private Car Allowance Policy is intended to be the foundation on which you can base your own Policy and covers:• What type of vehicle is acceptable both in age, style and cost.
• The employee’s duties regarding having a suitable licence and appropriate business insurances.
• The expenses that the employee may reclaim.
• The conditions the employee must satisfy to qualify for a cash allowance.
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This Private Car Allowance Policy can also be found in the Employment Folder, in Employment and Staff Handbook Policies, within the subfolder HR Policies & Forms.