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WHAT HMRC’S RECENT CHANGE IN BIK LEGISLATION MEANS FOR YOUR DOUBLE CAB PICK-UP TRUCK
In the Autumn Budget 2024, released on 30th October 2024, HMRC introduced a change in the legislature regarding the tax treatment of double cab pick-ups. Vehicles purchased from April 2025 will be classified as company cars for benefit in kind, capital allowances, and some deductions from business profits and subject to increased tax rates. Isuzu UK assures you continual support and pledges to closely monitor the evolving situation, ensuring you receive the necessary assistance amid the regulatory changes. Consequently, this blog aims to help you navigate the key details of the new legislation and clarify frequently asked questions regarding the changes and how they may affect your double cab pick-up. Don’t miss out on the opportunity to secure your Isuzu D-Max at current rates before the changes take effect. With the new tax regulations set to impact double cab pick-ups from April 2025, there’s never been a better time to experience the unmatched capability, durability, and safety of the Isuzu D-Max. Book your test drive today and place your order now to lock in your purchase ahead of the price hike—act fast to avoid the increased costs!