The True Cost Difference: Mileage Stipend vs Mileage Reimbursement
With the various types of vehicle reimbursement programs out there, which one is right for you? Barring special vehicle needs and high driving amounts, most businesses are faced with two remaining options: mileage stipends or mileage reimbursement.
Download the guide and break down:
- The differences between mileage stipend and mileage reimbursement
- The true cost of a flat allowance program when taxes are taken into account
- The differences between a FAVR and CPM program
- The problem with basic mileage trackers