Double Cab Pick Up
Historically HMRC was happy to treat double cab pick-ups, with a ‘payload’ of one tonne or more, as vans. Following on from the Autumn Budget 2024, from 1 April 2025 double Cab Pick-Ups will be treated as cars for the purposes of capital allowances and benefits in kind. Double Cab Pick-Ups purchased before 1 April 2025, will continue to be able to use the previous treatment until the earlier of the disposal, lease expiry or 5 April 2029.
The VAT treatment for vehicles with a payload of one tonne or more, will remain unchanged.
Propeller Leasing is the new name for the coming together or CGR Contract Hire Ltd and the long established Contraflex. Our team have a wealth of experience within the motor industry to help you…
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