Government reverses pick-up tax hike
Plans to change the taxing of pick-up trucks announced just a week ago by the Government, which would have seen double-cab models taxed as cars rather than commercial vehicles, have been scrapped.
What is the tax on a crew van?
You should be aware of how HMRC may classify your crew van. There is some confusion when it comes to the taxation of these vans and whether they’re classed as cars or commercial vehicles for benefit in kind (BIK) tax – the same kind of conundrum that can arise with double cab pick-ups and their low tax attractions .
Do you need to pay tax on your company van?
The annual benefit in kind tax liability for company vans is a fixed rate – unlike cars, where the tax is based on a scale of CO2 emissions and the list price of the car. These measures are annual upratings that increase the van benefit charge and the car and van fuel benefit charges by the Consumer Price Index from 6 April 2023 and have been uprated annually since 2014.
Crew van tax: is it treated as a car or a van?
Crew vans are highly popular, combining both elements of carrying crew and carrying loads. But beware the benefit in kind tax implications of crew vans. They might look like a van, but sometimes HMRC treats them as cars - with significant tax implications
Letter to Jesse Norman MP regarding van VED
THIS is a letter written by Business Vans reader Tony Hull to his local MP Jesse Norman (pictured left), who is also Minister of State for Transport. It concerns Vehicle [...]
Budget 2018: Van VED to rise in April
THE cost of your annual road tax for your van is likely to rise in April 2019. Chancellor Hammond announced in his Budget on Monday (October 29, 2018) that Vehicle [...]
Combo leads Vauxhall’s new van revolution
Vauxhall Combo 2018
Government to encourage electric and cleaner van take up with tax incentives
The Government is to encourage electric and cleaner van take up with tax incentives, aiming for a 40% penetration of light commercial vehicles to be Ultra Low Emission Vehicles by 2030
Free fuel tax on vans
If you get free fuel from your employer to go with your company van, then you have to pay free fuel tax. This is known as the Fuel Benefit Tax. Full details of what you have to pay for light commercial vehicle drivers
Vehicle Excise Duty for vans 2018/19
Additional reporting Glynn Williams COMMONLY known as road tax, but in actual fact its correct term is Vehicle Excise Duty. Or VED for short. These are the latest Vehicle Excise Duty rates [...]
Company van tax on electric vans
The company van tax payable on an electric van is less than the Van Benefit Charge on a diesel or petrol van. It is a percentage of the standard company van tax rate, offering a good tax incentive to drive a zero emission van
Van tax on pick-ups and double cab pick-up trucks
If you drive a pick-up truck for work, and the company provides the truck for you, then company van tax will apply - or Van Benefit Charge to use the proper terminology. So here are the current company van tax rates for double cab pick-ups trucks and single cab pick-up trucks
Company van tax – do I have to pay it?
Company van tax is a benefit in kind tax you have to pay if you have private use of a company van. This article explains when you have to pay company van tax and how much it is, plus the tax on free fuel for your van
Double-Cab van tax ruling could leave SMEs facing massive tax bill
WHEN is a van not a van? When a Judge says it's a car. In some respects it would be preferable if that were simply the worst joke in recorded [...]
Why choosing a pick-up as a company vehicle could save you £££s
THERE are some rather good contract hire and leasing deals available on pick-up commercial vehicles – many that rival some lesser value passenger cars – yet, surprisingly few company car [...]
Van tax on double cabs and pick ups
The VW Amarok - The Business Van of the Year Best Double Cab winner - but are you liable for tax on double cabs and pick ups? WE [...]
What’s the fuel benefit charge for electric vehicles?
Electric charging
London Congestion Charge rises to £11.50
Congestion Charge: van users face more costs to access the capital. Photo: Bikeworldtravel / Shutterstock.com TRANSPORT FOR LONDON (TfL) has confirmed its plans to increase the London Congestion [...]
Company van tax rises in Budget
If you have private use of your van, then the rate of company van tax is rising from April 2014 VAN drivers with company provided vans – expect [...]
When is a van not a commercial vehicle?
HMRC makes exceptions for car-derived vans - and SsangYong has requested that the Korando CSX Commercial joins the listed IT’S a good question, although HMRC is unequivocal: if [...]