The calculation of the car allowance based can be carried out using the Company car benefit calculator in the salary base.
To create a new car allowance, first click on the New benefit button. Then select the type of the allowance (unlimited/limited company car allowance) and car age group (A, B, C, company car allowance abroad), and the fill in the remaining fields. In the car price (e) field you should enter the general price recommendation of the car model given by the car importer or if none, by the wholesaler, at the beginning of the month, when the car was taken into use. Procountor subtracts €3400 from this price. In the price of accessories, enter the total value of the accessories. Of this, Procountor considers the value exceeding €850. The monthly value of the allowance is calculated on the basis of the purchase price of the new car as defined as above, considering the type of the allowance and the percentage by the car’s age group. The calculation result is rounded downwards to the nearest €10. The value in euros based on the type of the allowance and age group is the added to this value.
For example: a car’s price is €15,000.00, the price of the accessories €1,650.00. The year is 2012. The type of the allowance is unlimited company car allowance. The car’s age group is A. The allowance is calculated thus: (€15,000.00 - €3,400.00) + (€1,620.00 - €850.00) = €12,370.00, of which 1.4% = €173.18, which is rounded to €170.00. To that value, add €285.00 and you get the value of the allowance = €455.00.
The Company car allowance calculator allows you to calculate the value of the current year’s car allowance only. The calculator can be used for calculating an allowance with the start date in the future or the end date in the past, but it cannot be selected as a salary row if the allowance is not in effect. When the allowance is in effect, it can be selected as a salary row.
The Add to list button adds the entered information in the car allowance list. The list can contain several car allowances, but one person can have only one car allowance in effect. The car allowance periods must not overlap. Before entering a new car allowance, you must enter an end date in the old car allowance.
The Save button saves the car allowance entered in the list.
The Add as salary row button adds the saved car allowance as a salary row.
The Show benefit button shows the information for the selected car allowance row for editing, if needed. When you have finished editing, click the Add to list button. Finally, click the Add as salary row button to update the amendments in the salary slip.
The Delete benefit button deletes the car allowance from the list, if needed.