Below is a description of what allowances and expenses are. The steps to guide either a Super Admin or a Team Member to file for any of these through the Oyster platform are linked below.
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Allowances are benefits given to team members. These are generally recurring payments included in the team member's contract (e.g., Work from Home Allowance or Travel Allowance). Allowances are taxed according to the law in the specific country. Please refer to our Benefits advisor to learn more about statutory benefits for team members.
- Expenses are costs that team members initially pay out of pocket to be reimbursed by the company. These might be recurring (e.g., internet) or one-time expenses (e.g., travel, office equipment) and, are generally not taxed.