Only a week after HMRC confirmed that double cab pickups would be treated as cars rather than vans from 1 July 2024, the government has now performed a swift U-turn reversing the decision.
Double cab pickups with a payload of one tonne or more will continue to be goods vehicles for tax purposes and the benefit-in-kind will not increase when employers provide these vehicles to their employees for private use. The capital allowances changes announced on 12 February will similarly be reversed.
Double cab pickups with a payload of less than one tonne will continue to be treated as cars for benefit-in-kind purposes.
The government says it has listened carefully to the views promptly expressed by farmers and the motor industry on the potential impacts of the change in tax-treatment.
If you have any questions, you can contact one of our Employment Tax team or your usual PEM adviser.
This article was correct at time of publication.
