At some point, business vs. personal mileage has got to be a no-brainer in fleet management. Fleet managers are under constant pressure to find savings in their fleet. And personal use is a commonly untapped area.
tax
Personal Use 101: Is charging your drivers right for your fleet?
Personal use is considered any use of a company-provided vehicle for non-business purposes, including but not limited to commuting, personal errands, vacations and more. While the vehicle is being driven, it incurs excess wear and tear above and beyond that which would be accrued if the usage had been limited to business purposes only. But a personal use charge for drivers is not right for every fleet. Find out if it’s right for your fleet by downloading the white paper.
South Carolina adds new sales tax rules
The South Carolina Infrastructure and Economic Development and Reform Act (Bill 3516) was enacted at the 122nd session of the South Carolina Legislature. This Bill includes the following major changes that will go into effect through January 1, 2019:
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