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New tax guidance has been released from HMRC that all double cab pick-up trucks are to be classed as a passenger company car from 1st July 2024.
Any double cab pick-up purchases that are made prior to 1st July will still be classed as a light commercial vehicle (van) for taxation purposes and this will be valid until April 2028.
Therefore to take advantage of the current BIK regulation & secure your massive personal tax benefits we would recommend ordering & registering your double cab pick-up prior to 1st July 2024.
Trenton have a range of brand new double cab pick-ups available at our KGM dealership located in Humberston, Grimsby.
Don’t forget, all double cab pick-ups must be registered before 1st July to take advantage of this saving.
For more information around the BIK change – please contact Trenton KGM on 01472 800886