If you’re in the market for a pick-up truck or highly rely on one for work, don’t wait to purchase or upgrade —major tax changes kicking in from April 2025, meaning higher costs across the board.
Whether you’re considering a new vehicle or expanding your fleet, acting before the deadline can save you thousands. Here’s what’s changing and why now is the time to make your move.
Why This Matters: The 2025 Tax Shake-Up
Currently, double-cab pickups are treated as vans for tax purposes, offering big benefits like:
- Lower Benefit-in-Kind (BIK) taxes for personal use.
- Generous capital allowances, allowing businesses to claim up to 100% of the purchase price in the first year.
But from April 2025, these perks are gone. Double-cab pickups will be taxed as cars, which means:
- BIK rates will soar, potentially tripling the tax cost for employees using pickups for personal mileage.
- Reduced capital allowances, limiting first-year deductions to as little as 6% of the vehicle’s cost based on emissions.
For example, a typical pickup could see annual tax liabilities jump from around £1,800 to over £10,000, depending on the model.
The Clock Is Ticking: Buy or Lease Before April 2025
If you purchase or lease a pickup before the deadline, you can lock in the current tax rules until at least 2029. This could save you:
- Thousands in tax relief on the purchase price.
- Lower BIK rates for employees who use the vehicle for both work and personal purposes.
The sooner you act, the better your chances of securing the right vehicle before stock shortages hit. As we get closer to the deadline, demand is expected to spike, especially for high-demand models like the Nissan Navara, Ford Ranger, and Toyota Hilux.
How Vanzone Can Help You Save
We understand the challenges tradespeople and businesses face, and we’re here to make this transition easier:
- Pre-2025 Offers
We’ve got a wide range of pickups available for outright purchase or lease, so you can take advantage of current tax benefits. - Expert Advice
Not sure which vehicle is right for your business? We understand there’s not a one size fits all when it comes to vans and pick-ups. Our team can guide you through the options and find the right van or pick-up truck for you. - Flexible Leasing Plans
If you are simply not in a position to outright purhcase, lock in a great deal today with our tailored leasing options, ensuring you’re fully prepared before the tax rules change.
Don’t Get Caught Out – Act Today
The 2025 tax changes are coming fast, and waiting until the last minute could cost your business significantly.
- Need help deciding? Let’s talk about your specific needs and how to minimize the impact of these changes.
- Ready to buy or lease? Get in touch now to secure your pickup before demand surges and stocks run low.
At Vanzone, we’re here to keep your business moving without breaking the bank. Call us today or visit our website to find your next van or pick-up truck.