Driving you forward

With inflation at a 40-year high, and fuel costs being a primary driver, is it time to increase your car allowance? The short answer is "Yes." But the way to do it might not be what you expect.

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With prices at the pump spiking, standard car allowances are being outstripped by driving expenses. Switching to a non-taxable car allowance could help employees while reining in high costs.

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