Important Update on Company Van Tax Treatment

On Monday 12 February 2024 HMRC updated its guidance on the tax treatment of DCPUs. The guidance had confirmed that, from 1 July 2024, Double Cab Pick Ups with a payload of one tonne or more would be treated as cars rather than goods vehicles for both capital allowances and benefit-in-kind purposes.

HMRC announced on Monday the 19th of February that this new guidance will be withdrawn after the government has carefully listened to the views of farmers and the motoring industry on the potential impacts of the change in tax-treatment.

For more information please follow the link: – Update on HMRC Double Cab Pick Up Guidance – GOV.UK (www.gov.uk)