Can someone please advise on what the correct code/s will be to use if an employee receives a travel allowance? I know code 5501 is used, but is there any code that must be used in conjunction with this (ie. to reflect the 80% taxable portion?) For example, with company cars you use both codes 6020 and 6035 where code 6035 is 80% of the value of code 6020 (and prepopulated with a value when you fill in the employee concerned's value of company car in the employee's masterfile).
Please advise. Thanks!