HMRC's U-turn on Tax Treatment of Double Cab Pick Ups
HMRC announced a reversal to its recent guidance on the treatment of double cab pickups (DCPUs) from 1 July 2024. The reversal comes after feedback from various stakeholders, including farmers and the motoring industry.
The previous guidance, announced 12 February 2024, stated that HMRC would classify purchases / leases, post 1 July 2024, of DCPUs as cars, rather than vans for employment tax purposes.
HMRC have now announced the withdrawal of this guidance and DCPUs will continue to be classed as vans for employment tax.