From 6th April 2025, HMRC will no longer class double-cab pick-ups as commercial vehicles for company vehicle tax purposes.
This means that the typical benefit-in-kind value per month will rise from £132 (for a 40% Taxpayer) up to £693 per month.
However, transitional arrangements mean that double-cab pick-ups ordered before 6th April 2025 may still benefit from existing benefit-in-kind arrangements for the duration of ownership or lease, so if you were considering a new pick-up, now is the time to order.
Considering a Plug-In Hybrid alternative? From 6 April 2025, you'll pay £366 per month in BiK which is over £300 less per month than the Diesel option!
The Ranger Plug-In Hybrid will be available to drive away in 2025.
How Can We Help You?
• Explain the changes in detail
• Discuss your requirements & show you how you will benefit from ordering a new vehicle now
• Order a new vehicle from UK stock with quick delivery
• Help you get ahead of the tax changes
Speak to one of our Commercial Specialists today
and we'll help you to understand the upcoming changes
John Grose Group Limited is a credit broker but not a lender and is directly authorised and regulated by the Financial Conduct Authority for Consumer Credit activities under the Firm Reference Number 311058. We will receive a commission from the lenders we work with for introducing you to them, either a fixed fee or a fixed percentage of the amount you borrow. Different lenders may pay different commissions for such introductions and may also provide preferential rates to us for the funding of our vehicle stock and provide financial support for our training and marketing. However, any such amounts they or other lenders pay us will not affect the amounts you pay under your finance agreement, all of which are set by the lender concerned. You have the right to request the commission amount, to do this contact disclosure@johngrose.co.uk. John Grose Group Limited is an Appointed Representative of AutoProtect (MBI) Limited which is authorised and regulated by the Financial Conduct Authority for Insurance Distribution. Their Firm Reference Number is 312143. Our FCA Permitted business is arranging general insurance and finance contracts. You can check this on the FCA Register by visiting the www.fca.org.uk