New Jersey Use of Company Equipment

State:
Multi-State
Control #:
US-243EM
Format:
Word; 
Rich Text
Instant download

Description

This policy informs employees about the proper use of company equipment.

How to fill out Use Of Company Equipment?

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FAQ

Includes all motor vehicles used for the transportation of passengers for hire, except school buses, limousines, and taxis.

In general, an employee only needs to complete Form NJ-W4 once. An employee completes a new form only when they want to revise their withholding information.

In general, clothing, groceries, medicines and medical devices and industrial equipment are sales tax exempt in many states (but don't assume they'll be exempt in all states. Every state is different when it comes to sales tax!)

Some examples of nontaxable goods and services are: Unprepared food for human consumption, clothing, certain professional and personal services, and real estate sales.

If a vehicle bears a yellow number plate with black text used to denote number of the vehicle, it means the vehicle is a commercial vehicle such as a taxi or a bus and can be used for any commercial purpose.

Here's a list of TAXABLE items you may encounter on your weekly trip to the store:Acne products cleansers or soaps (creams or lotions are exempt)Air fresheners.Alcoholic beverages.Aluminum foil.Ammonia.Antiperspirants, deodorants.Baby bath soaps, lotions, powder, shampoos.Bags (Plastic, cloth)More items...?

The Gross Vehicle Weight Rating (GVWR) or the combined gross vehicle weight rating if vehicle is 26,001 pounds or more and the vehicle is registered or principally garaged in New Jersey. Lettering height must be at least three inches.

The Sales and Use Tax Act provides an exemption for sales of machinery, apparatus or equipment for use or consumption directly and primarily in the production of tangible personal property by manufacturing, processing, assembling or refining. N.J.S.A.

Some items are exempt from sales and use tax, including:Sales of certain food products for human consumption (many groceries)Sales to the U.S. Government.Sales of prescription medicine and certain medical devices.Sales of items paid for with food stamps.

Sales Tax Law Exempt items include most food sold as grocery items, most clothing and footwear, disposable paper products for household use, prescription drugs, and over-the-counter drugs.

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New Jersey Use of Company Equipment