Benefit-in-kind tax changes for double cab pick-ups: what you need to know

All the information from Rivervale, including reasons why the MAXUS T60 MAX is your best bet.

Brace yourself, because tax talk is about to get (almost) exciting! Big changes are on the horizon for double cab pick-ups in the UK.

From April 2025, these workhorses of the road will no longer be classed as commercial vehicles for tax purposes.

Instead, they’ll be taxed as cars, significantly increasing Benefit-in-Kind (BIK) liabilities for businesses and employees alike. However, there’s still time to act and lock in the current, lower tax rates.

If you’re considering a new pick-up, there’s no better time to make your move – and the brand-new MAXUS T60 MAX could be the perfect choice.

The BIK reclassification: what’s changing?

Historically, double cab pick-ups have been treated as vans for tax purposes, meaning they benefited from a fixed-rate, low BIK tax regime.

However, under the revised rules coming into effect from April 6, 2025, these vehicles will be taxed as cars.

This means that instead of paying a fixed low rate, drivers will be taxed based on CO² emissions and list price – a change that could see costs rise dramatically.

Why act before April 2025?

There is a crucial window of opportunity for businesses and individuals who order, lease, or purchase a double cab pick-up before 31st March 2025.

Vehicles secured before this deadline will continue to be taxed as vans until at least April 2029, or until they are sold or the lease ends.

This means four more years of lower tax rates, avoiding the costly hike that will hit post-April 2025 purchases.

How this impacts employers and employees

Employees: Higher Income Tax

For those who drive a company-provided double cab pick-up, the BIK reclassification could lead to thousands of pounds in additional tax liabilities each year.

For higher-rate taxpayers, the difference is substantial, making it essential to secure a vehicle before the deadline.

Employers: increased National Insurance contributions (NICs)

With BIK values increasing, employers will face higher NICs for each double cab pick-up classified as a car.

This will also impact capital allowances, reducing the overall tax efficiency of these vehicles.

Companies that rely on double cab pick-ups for operations should plan ahead to avoid financial strain.

The future of double cab pick-ups

This reclassification is part of the government’s broader push to encourage lower-emission vehicles.

While electric alternatives are on the rise, sometimes you just need a proper pick-up to get the job done. That’s why acting fast is key to locking in the best financial deal while you still can.

Meet the MAXUS T60 MAX: your perfect pre-deadline pick-up

If you’re in the market for a new double cab pick-up before the tax changes kick in, the MAXUS T60 MAX is an outstanding option. Don’t miss out on competitive contract hire and finance lease options available.

This pick-up combines power, practicality, and enough tech to make even your most gadget-obsessed mate jealous.

Key features of the MAXUS T60 MAX:

• 2.0L twin-turbo diesel engine – 500Nm of torque, giving you the strength to tackle the toughest jobs.

• 8-speed automatic transmission and 4WD – Perfect for handling both off-road adventures and demanding work environments.

• 1,050kg payload and 3,500kg towing capacity – Carry more, tow more, and get the job done with ease.

• Comprehensive warranty and roadside assistance – Includes a 5-year/100,000 miles vehicle warranty and 24/7 roadside assistance across the UK and Europe.

• Fuel efficiency and emissions – 9.1L/100km (WLTP) fuel consumption and CO2 emissions of 239g/km.

Order now and beat the tax hike

With deliveries available from Spring 2025, securing a MAXUS T60 MAX now ensures you lock in the lower BIK tax rates and avoid any financial nastiness down the line.

The clock is ticking. If you want to keep more of your hard-earned cash, act now. The new tax regime is coming whether we like it or not, but you can at least beat it at its own game.

Curious about the MAXUS T60 MAX? Get in touch on 01273 433 480.

www.rivervale.co.uk