Manufacturer urges fleets to secure pick-up trucks before tax change

Manufacturer urges fleets to secure pick-up trucks before tax change

Fleets that procure their pick-up trucks now will retain the existing commercial vehicle classification and benefit from a more favourable tax treatment.

HMRC updates guidance on tax classification of double cab pick-ups - Smailes Goldie

HM Revenue & Customs (HMRC) has issued updated guidance on the taxation of double cab pick-up trucks, clarifying which vehicles will be affected by the Government’s decision to reclassify them as company cars for tax purposes. We have previously brought you news of this change, set to take effect from April 2025, but businesses should be aware of the latest refinement to HMRC’s definition, which could mean some vehicles now fall within the new r…