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Car allowance query

  • 07-01-2014 11:23AM
    #1
    Harry321
    Registered Users, Registered Users 2 Posts: 56 ✭✭


    Folks

    I currently have been asked to opt out of a company car scheme. They are offering €700/month allowance which equates to €336/month net. On top of that they will pay for fuel consumed for company business. They are not offering a flat mileage rate

    I will be doing between 20 and 25000 miles per annum. Doing the maths what they are offering will not cover my costs especially I now have to go and purchase a car with a reasonable spec for both relialbility and professional image perspectives

    What are your thoughts, mine are that I am entitled to a flat mileage rate on top of the car allowance and if this means paying for the fule myself , it will still work out alot better

    Can someone offer me a valued perspective please as I need to act on thi asap

    Thanks


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