Calculating the vehicle reimbursements for the mobile employees is not an easy task. Companies will have to take many things in to account while calculating these reimbursements. It should be beneficial for both companies and the drivers. The companies first should be able to differentiate between the business of the vehicles and the personal use of the vehicles by the driver. When the drivers are using the company owned or leased vehicles, it is little difficult to say if the vehicle is completely used for the business use or partially used for the personal use of the driver.
The company has to reimburse for the total expenses of that vehicle including the gas prices, maintenance and more. If the driver is using his personal vehicle for the business use then the company should also look into the premiums paid by the drivers, gas prices paid by the driver for business use, any taxes like property or excise taxes paid by him and more. Mileage reimbursement has to be made fairly and should not show loss for either company or to the driver. CRS is a management consulting firm which is offering flexible and customizable vehicle reimbursement programs beneficial for both companies and drivers.
