Newsletter 16 – Are you liable for company pick-up tax?
NOVEMBER 2012:If a pick-up is used for private use, the driver is taxed - rather like a company car driver. It can get expensive...
NOVEMBER 2012:If a pick-up is used for private use, the driver is taxed - rather like a company car driver. It can get expensive...
Company pick up-tax is payable if the driver uses the vehicle for private purposes Story: RALPH MORTON COMPANY pick-up tax must be paid if a driver uses a company double or single cab pick-up for private mileage. HM Revenue & Customs classifies these pick-ups as vans as long as they have a payload of 1 tonne (1000kg) or [...]
Benefit-in-kind tax: payable if used privately If a driver uses a company double or single cab pick-up for private mileage, he or she must pay company pick up tax. Currently, HM Revenue & Customs classifies these pick-ups as vans - as long as they have a payload of 1 tonne (1000kg) or more. A payload means the vehicle