38%
of allowances are wasted on avoidable taxes
Trusted by leading brands
In-House Car Allowances Suffer From Three Things
Most in-house car allowances are taxable. They aren’t connected to real employee driving needs. Even if you’re running a tax-free allowance in-house, there are risks.
Significant unnecessary tax waste
- Seen as income by the IRS, employees are losing as much as 30%
- Employers are losing an additional 7.65% in payroll taxes
Lack of fairness or financial efficiency
- It isn’t connected to real employee driving needs
- Not geographically specific
- No mileage tracking by the driver, payments are arbitrary
Risk of tax and insurance compliance lapses
- Business mileage might not be properly logged by drivers
- You might not be ready for an audit
- Insurance and other program essentials might leave you at risk
How to Get a Tax-Free, Fair, Audit-Proof Car Allowance
Cardata is your fully-managed, outsourced car allowance program partner.
Generate cost savings
- Save 38%* compared to taxable programs
- Strategize program spend based on goals
Mitigate risk
- Ensure 100% insurance compliance
- Reduce audit risk with mileage logs
Motivate employees
- Build driving benefits strategy on actual habits
- Get employees excited about driving for work
Why Cardata?
Cardata provides software that makes allowance tax-free, fair, and compliant. Our mileage tracking software was rated most usable in-market by G2. Plus, our software is backed by the best customer success and support in the industry.
*Products are ordered by Index score. Products are ordered alphabetically if two or more products have the same Index score.