Car Allowance Requirement

[Rabbit1]

My company recent took away company cars and replaced them with a car allowance. Today we received a document that required use to note the vechicle type, make, model, and year. The Policy has been updated stating that your vechicle must not be 1 day over 3 years old to be eligable for the allowance. Is this legal

 

[FlaRiptide]

The law does not regulate corporate policy. If the company does not wish to reimburse the employees for the usage of vehicles over 3 years old, they don't have to.

If your company does not reimburse you then you have an alternative. For the work related usage of your vehicle you may take a deduction when you submit your personal income tax return.