![]() The private user of a company vehicle will also be liable for car BIKįancy a Ford Ranger Raptor? Not surprising, it’s a cracking pickup truck.The vehicle will be treated as a car for Benefit in Kind taxation (given the relatively high list price and high Co2 emissions, this could be pretty painful, especially for a 40% taxpayer).You’ll be restricted in how much of the vehicle cost you can write off against tax.You probably won’t be able to reclaim the VAT (unless the vehicle is used 100% for business).So, what are the implications if you’re caught with a truck not meeting the classification of a commercial vehicle? The catch is that if you fit a hardtop to the load area this is classed as a permanent part of the vehicle structure and, in some cases could bring the available payload below the magic 1000kgs. To class as a commercial vehicle, these trucks must have a payload of 1000kg or over and, on paper, the vast majority are (just) over this threshold. OK, not a van, but a class of vehicle where specific rules apply and which can be easily and unintentionally overlooked are double cab pickups such as the Ford Ranger, Toyota Hilux and Isuzu D-Max. ![]() ![]() In addition, if an employee is permitted to use the vehicle for private use, they pay the much lower rate of BIK (Benefit in Kind) personal taxation compared to that charged to the company car driver. there will be no side windows in the rear of the vehicle - or if present, side windows will be opaque and fixed (with no means of opening or closing)’Ī CDV is the only class of commercial vehicle to have the same speed limits as a passenger car, and the driver licensing requirements are the same.Īs it’s a commercial vehicle, VAT can be recovered on purchase or lease rentals by businesses who are operating the van for commercial purposes.there will be a payload area with floor panel in the rear of the vehicle.there will be no rear seats, rear seat belts or mountings.So starting at the lighter end, the legal definition of a CDV (ie, Ford Fiesta or Renault Zoe is as follows: ‘Car-derived van’ means a goods vehicle which is constructed or adapted as a derivative of a passenger vehicle and which has a maximum laden weight not exceeding 2 tonnes.’ The government also state that *‘* As a general rule, from the outside, these vehicles will look like the size of a car, but on the inside the vehicle will look like and function as a van, because: ![]()
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