http://citycyclingedinburgh.info/bbpress/ CityCyclingEdinburgh Forum » Topic: Tax subsidy for double-cab pickups en Sun, 31 May 2026 06:43:57 +0000 http://citycyclingedinburgh.info/bbpress/topic.php?id=21469#post-373509 Wed, 21 Feb 2024 10:19:34 +0000 Dave 373509@http://citycyclingedinburgh.info/bbpress/ <p>Disappointing. Such a ludicrous subsidy - they could just as easily offer direct support to "farmers and British industry" without getting them to buy and run grotesque vehicles. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=21469#post-373496 Tue, 20 Feb 2024 12:07:36 +0000 neddie 373496@http://citycyclingedinburgh.info/bbpress/ <p>A few days ago HMRC quietly removed the benefit-in-kind (BIK) tax exemption on double-cab pickup trucks, to treat them as cars rather than commercial vehicles. This would've meant that a 20% tax payer would pay £5017pa instead of £943 and for the higher rate £10034 instead £1886.</p> <p><a href="https://www.thp.co.uk/double-cab-pick-ups/" rel="nofollow">https://www.thp.co.uk/double-cab-pick-ups/</a> </p> <p>This huge subsidy has encouraged and subsidised small businesses, trades, etc to buy these dangerous, polluting and impractical vehicles. The load bed on them is smaller than the boot of a Mondeo Estate and completely open to thieves!</p> <p>So, it seemed to good to be true when HMRC removed this exemption that was distorting the market - And it was!</p> <p>After tiny violins from the fossil fuel industry and the manufacturers selling a 100,000 of these pickups each year, HMRC / UK government reversed the decision a few days later:</p> <p><a href="https://www.gov.uk/government/news/update-on-hmrc-double-cab-pick-up-guidance" rel="nofollow">https://www.gov.uk/government/news/update-on-hmrc-double-cab-pick-up-guidance</a></p> <p>For a moment I had some hope in the future of humanity. Silly me! </p>