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4. How do I update a vehicle benefit payslip deduction?

Vehicle deductions for private use1:51

"How do I update a vehicle benefit paystub deduction?"

When a company vehicle is used for private purposes, and the person's agreed to have money automatically deducted, you'll need to update the company vehicle benefit.

To set up a paystub deduction for a person's private use of a company vehicle:

  1. First, select the pay batch on: MenuPay batches
  2. Then tap: SettingsPay batch settings
  3. Then scroll to the bottom and look for the "Repeat payables" heading.
  4. And tap the company vehicle benefit you'd like to set up a "Vehicle private use" deduction for.
  5. Then scroll down and expand the "Optional" heading.
  6. Then in Employee paystub deductions for private use, enter how much is to be deducted, every year, to drive the vehicle privately.
  7. Next, tap Save, and the "Vehicle private use" deduction is added to the paystubs of the people using the vehicle.
  8. To see the "Vehicle private use" deduction on the people's paystubs, tap the company vehicle benefit again.
  9. Next, scroll down, then tap the person.
  10. Then hover your mouse over the vehicle benefit, and tap the "See on paystub" button:
  11. And you'll see the "Vehicle private use" showing under: "Post-tax withholdings"
  12. And finally, when you hover your mouse over the benefit amount, you'll see a breakdown of the "Vehicle private use" calculation.

Keep in mind that:

  • The change of adding or removing "Vehicle private use" shows up on each person's next unpaid paystub.
  • And it won't affect any of their previously paid paystubs.

And that's it! That's everything you need to know about deducting for private use of a company vehicle.

Updated: Sat, Oct 28, 2023.

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