Double Cabs to lose Tax Breaks

[hilly10]

Government announced yesterday that the tax breaks will end on 1st of July. BIK will rise to £290 a month 20% tax payer up to £582 for 40% tax payer. Thought this would have happened a couple of years ago to be honest. It’s not back dated to present owners.

[reggie747]

Government announced yesterday that the tax breaks will end on 1st of July. BIK will rise to £290 a month 20% tax payer up to £582 for 40% tax payer. Thought this would have happened a couple of years ago to be honest. It’s not back dated to present owners.

Well, they've had a bloody good run. Just need to stamp out the other car (70 grand+) incentives now.


I'll just go get my asbestos suit on....

[hilly10]

Well, they've had a bloody good run. Just need to stamp out the other car (70 grand+) incentives now.


I'll just go get my asbestos suit on....

Certainly going to hit sales I would think. Of late the Ford Wildtrax has 40% of the market don’t think they will be happy. There will be exceptions in so far as removal of rear seats and rear window blocked in.

Will be interesting to see how the Utility Companies fare, as they need the rear seats, but covered with the kit strapped to them, along with a fair amount of livery, you could hardly use it to go family shopping in.

[andyb28]

Just need to stamp out the other car (70 grand+) incentives now.

What vehicles are those? Or do you mean the top end Electric cars that have low BIK?

[reggie747]

What vehicles are those? Or do you mean the top end Electric cars that have low BIK?

Any scheme that's not available to the ordinary guy in the street should be kicked up the @rse is what I mean.

[andyb28]

Any scheme that's not available to the ordinary guy in the street should be kicked up the @rse is what I mean.

But the ordinary guy in the street wouldnt pay BIK?

[walkerwek1958]

Any scheme that's not available to the ordinary guy in the street should be kicked up the @rse is what I mean.

Agree, why should folks get tax incentives to run expensive vehicles?

[Barton Red]

Any scheme that's not available to the ordinary guy in the street should be kicked up the @rse is what I mean.

They are all available to anyone who sets up a business, if you think running a business is easy have a go!

[reggie747]

if you think running a business is easy have a go!

I ran one for myself for 40 yrs....I've now retired

[Barton Red]

Any scheme that's not available to the ordinary guy in the street should be kicked up the @rse is what I mean.

I ran one for myself for 40 yrs....I've now retired

So now you want to make it harder for those that still do?

[andyb28]

I ran one for myself for 40 yrs....I've now retired

And in those 40 years, did you not make use of any tax breaks, incentives etc?

[reggie747]

So now you want to make it harder for those that still do?

It was rolled out in 2016 and now it's being partially pulled. Clearly somebody thinks it's not a great idea perhaps 🤔

[reggie747]

So now you want to make it harder for those that still do?

I made it to the finish line, I'm sure they'll do the same

[hilly10]

I know plenty of Company Directors who openly admit they bought them to save the BIK.

I had two back in the day, simply a great tool where I could get five operatives, plus materials everyday the 30/40 mile commute, rather then pay single travelling guys fuel every day

[demonloop]

Had a Ford Ranger, based solely on the tax break, but the fuel consumption soon put a sting in the tail of that great idea

[vagabond]

Does that mean there will be an increase in newer used double cabs coming on to the market 2nd half of this year?

Which in turn might squeeze the market down for older models - quite fancy a 10 year old Hilux double cab myself.

[hilly10]

Does that mean there will be an increase in newer used double cabs coming on to the market 2nd half of this year?

Which in turn might squeeze the market down for older models - quite fancy a 10 year old Hilux double cab myself.

Don’t think it will happen overnight as current deals pcps etc are not affected.

[David_D]

And U turn:

https://www.gov.uk/government/news/u...ck-up-guidance

[adrianw]

And U turn:

https://www.gov.uk/government/news/u...ck-up-guidance

Shame, I thought that would get loads of them off the road and stop people driving them like complete tossers

[reggie747]

And U turn:

https://www.gov.uk/government/news/u...ck-up-guidance

Governments. Who'd have em 🤣🤣🤣🤣

[demonloop]

Might check and see if there’s any cheap lease deals about, they’re great for the school run!

[Spoonbed]

And U turn:

https://www.gov.uk/government/news/u...ck-up-guidance

If it’s anything like my pick up, then a UTurn might take some manoeuvring back and forth😀