ROCHESTER, WI - Nearly three-quarters of organizations allow employees to use fleet vehicles for personal reasons, and 15 percent of these companies do not account for this personal use for tax purposes. These findings are reported in the 2000 edition of Survey & Analysis of Financial Treatment of Executive & Business Vehicles, published by Runzheimer International, a Rochester, Wl-based management consulting firm.
According to the 129 financial executives who responded to the survey, 74 percent said their organization allows persona] use of fleet vehicles, compared to 68 percent who did two years ago. Forty-nine percent of those surveyed impute income to the employee's W-2 tax return, 30 percent use personal-use charge backs, 6 percent use both methods, and 15 percent do nothing.






