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Discuss Pick up truck in the General Off-topic Chat (nothing tile) area at TilersForums.com.

Q

Qwerty

I used to have a Navara. Great truck but just not enough space for a multi trader!!! I had the Armadillo roller cover but had to sucome to a van in the end. I do miss it :(

Image 08.03.2014 18.29.14 0923.jpeg
 
C

Concrete guy

There are tax implications of pick up trucks if run through a business.

They used to be classed as commercial vehicles and taxed the same as a van but so many people bought them to run through companies that HMRC recategorised them as lifestyle vehicles and changed the taxation to the same as a private car.

So unless it's run as a pool vehicle and kept permanently at a place of business, never brought home and only used solely for business then it's expensive when it comes to BIK tax and you can only relcaim 50% of the VAT on purchase.

Stick to a van unless there's an overwhelming reason to have a pick up truck if you intend to run it though your business.
 
J

Jonny carter

There are tax implications of pick up trucks if run through a business.

They used to be classed as commercial vehicles and taxed the same as a van but so many people bought them to run through companies that HMRC recategorised them as lifestyle vehicles and changed the taxation to the same as a private car.

So unless it's run as a pool vehicle and kept permanently at a place of business, never brought home and only used solely for business then it's expensive when it comes to BIK tax and you can only relcaim 50% of the VAT on purchase.

Stick to a van unless there's an overwhelming reason to have a pick up truck if you intend to run it though your business.
Thanks, have a ford connect ATM so thought it would be same for space with a canopy. Looking into it more and more I think a van is the best option.
 

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