The use of a company car has many fiscal aspects. In most countries, fiscal authorities limit or taxes the use of company cars based on the book value of the car. In addition, fiscal authorities require a detailed administration of journey times, locations and mileage. This is certainly the case in Germany and the Netherlands where the fiscal authorities have posed strict conditions for fiscal proof reporting. Compliance with local regulations Sycada’s trip reporting module is in full compliance with European law and national tax regulations and offers web based and Smartphone access to the trip administration for drivers. The system automatically notifies drivers periodically about trips that need verification.
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The most important characteristics of Sycada’s automated trip reporting are:
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