Double Cab Pick-Ups: HMRC’s Latest Move – What It Means for Your Business Truck
Let’s be honest, you’ve probably spent a good chunk of cash on your double cab pick-up. It’s not just a truck; it’s your rolling workshop, your mobile office, and sometimes, the key to getting the job done when a van just won’t cut it. But recently, His Majesty's Revenue & Customs (HMRC) threw a wrench into the works with some new legislation, and it’s got a serious impact on how you’re taxed on your pick up truck.
As a commercial driver, you’re dealing with a lot of numbers, and this change is going to affect your bottom line. So, let’s break down what’s happening, plain and simple.