HM Revenue & Customs (HMRC) has rescinded its guidance from last week on the tax treatment of Double Cab Pick Ups.
This means that any Double Cab Pick Ups with a payload above one tonne will continue to be treated as goods vehicles (vans) for both benefit-in-kind and capital allowances purposes.
The proposed changes from 1 July 2024 will no longer take effect.
The BVRLA is grateful to all the members who emailed questions, comments and made time to speak to the team about this issue.
As always, the association will continue to engage with HMRC and HM Treasury with this and other concerns that are important to the sector.
Update on HMRC Double Cab Pick Up Guidance - GOV.UK (www.gov.uk)
