Assume that you have been offered a new job which comes with either the use of a
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Assume that you have been offered a new job which comes with either the use of a new company car or a cash allowance. The salary is £35,000 per year. The car is worth £15,000, giving you an annual tax bill of £5,250. This is also the amount being offered by way of an annual cash allowance. Which option would you choose and why?
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Choosing between the company car and cash allowance involves considering the overall fin...View the full answer
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Related Book For 
Human Resource Management
ISBN: 9781292261645
11th Edition
Authors: Derek Torrington, Laura Hall, Stephen Taylor, Carol Atkinson
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