trafikkgodtgjørelsesfond

trafikkgodtgjørelse is a Norwegian term that translates to "traffic compensation" or "transportation allowance." It refers to a reimbursement provided to employees for using their private vehicle for work-related travel. This compensation is intended to cover the costs associated with using a personal car for business purposes, such as fuel, wear and tear, insurance, and maintenance.

The rules and rates for trafikkgodtgjørelse are typically set by the Norwegian Tax Administration (Skatteetaten). These rates are updated annually and are based on the actual costs of operating a vehicle. Employers are responsible for calculating and paying this allowance to their employees. It is important for both employers and employees to maintain proper documentation of work-related travel, including mileage logs, to ensure accurate and compliant reimbursement.

Trafikkgodtgjørelse is generally considered a tax-free benefit for the employee, provided that the reimbursement adheres to the established rates. If the allowance exceeds the official rates, the excess amount may be subject to taxation. This system aims to support employees who need to use their private vehicles for their jobs while ensuring fairness and transparency in the reimbursement process.