August 16, 2023 at 12:30

We allow our employees to take company vehicles home when they are on-call. We had them sign a personal use of a company motor vehicle, which outlines that they must submit a mileage log sheet recording business and personal mileage each day whenever they are on-call. We use the log sheets to calculate the taxable benefit at the fixed rate. It is a very manual process, but necessary to stay compliant.