The use of a vehicle owned by an employee for company business is allowed only when timing, cost, unavailability of a company vehicle comparable to that needed, or the need for a number of employees to travel together make it appropriate. Except in an emergency, prior approval for use of the vehicle must be obtained from the appropriate Line Manager.
Tax treatment regarding use of personal cars for business purposes will vary from jurisdiction to jurisdiction. Accordingly, policy/guideline on use of personal cars and reimbursement of reasonably incurred expenses are to be covered by a country specific policy. That policy must be reviewed and signed by the local CFO to ensure compliance with local tax requirements.