Estimated cost to the employer of providing a company car to the employee in the Flexible Benefits System, at the time of enrollment. The factors that influence the actual benefit cost of company car are:
Cost price of the car (or for the lease car, the leasing cost of a car) Running costs for the car (insurance, petrol, repairs, road tax) Class 1A NICs that are paid by the employer at tax year end If the employer provides free petrol for the car, a fuel scale charge applies and Class 1A NICs will be payable on the fuel scale charge at tax year end Administration costs of running a company car schemeThe actual benefit cost of any given car selected in the Flexible Benefits System depends on a combination of the factors above, which vary over time and from one car to another. However, to simulate the flexible benefit cost of providing the company car during enrollment (when many of the cost factors for the car are not yet known), only an estimated benefit cost of company car is calculated. It is defined according to employer policies, taking into consideration known factors such as car price (or leasing cost), CO2-emission rates, insurance costs, and road tax.
More terms such as estimated benefit cost for company car in Dictionary E.
- Manual Electronic Batch Recording:
- Help area of SAP for Pharmaceuticals that captures the entire production life cycle of a batch electronically. Production life cycles are recorded from defined material and resource requirements and estimated benefit cost for company car definition.
- Manual Eligibility Grouping (PA-BN):
- Help identifying a group of employees with common characteristics to determine the eligibility rules for benefit plans for those employees. The system sorts employees into eligibility groupings during estimated benefit cost for company car explain.
- Manual External Capacity:
- Help capacity of a resource in SAP APO that is determined directly from the capacity data in SAP R/3 (or another external OLTP system). If an external capacity is assigned to a resource, no other settings estimated benefit cost for company car what is.
- Manual Engineer-To-Order:
- Help environment in which complex production activities under essentially one-off conditions are undertaken for a specific customer. The production structures are managed using a work breakdown structure estimated benefit cost for company car meaning.
- Manual External Physician:
- Help specialist, who is not a salary-drawing employee of the hospital, involved in providing inpatient medical care. Besides giving ambulatory care to patients in his/her own surgery, he/she provides estimated benefit cost for company car abbreviation.
