Farmers urged to make most of 'beneficial' tax breaks on double cab pick-ups before April 2025

With less than two months before tax changes are due to come into fore, Saffrey explains how farmers can make the most of tax benefits on double cab pick-ups, alongside some of the additional costs they will have to face

clock • 2 min read
David Bussey, partner at Saffery, said: "From April 6 2025, employees using double cab pick-ups for personal use will face higher Benefit in Kind charges. Consequently, employers may have more National Insurance contributions to pay."
Image:

David Bussey, partner at Saffery, said: "From April 6 2025, employees using double cab pick-ups for personal use will face higher Benefit in Kind charges. Consequently, employers may have more National Insurance contributions to pay."

Rural landowners and farmers have been urged to make the most of tax 'benefits' on double cab pick-ups (DCPU) before they are gone. David Bussey, partner at chartered accountants Saffery, said farmers...

To continue reading this article...

Join Farmers Guardian

  • Farmers Guardian is the ultimate resource for farmers, providing unparalleled coverage of the key issues and trends affecting the agricultural industry.
  • Real-Time Updates: Get the latest news and analysis on what's happening in the agricultural sector right now. From market trends to technological advancements.
  • Expert Insights for Smart Decision Making: We provide in-depth articles and features designed to help you navigate the ever-changing agricultural landscape. From crop management techniques to livestock breeding strategies, our goal is to arm you with the tools you need for profitable farming.
  • Join the Farmers Guardian community today and unlock a world of knowledge and opportunities for your agricultural business. We are dedicated to supporting farmers like you, and our mission is to empower you with the information and resources needed to thrive.

Register now Become a member

 

Already a member?

Login

BNG National Habitat Bank Creation & Unit Sales

BNG National Habitat Bank Creation & Unit

VIEW ADVERT
£POA

Commercial Secured Bridging Loans for Business Purposes

Commercial Secured Bridging Loans for Business

VIEW ADVERT
£POA

FARM LOANS & RE-MORTGAGES

FARM LOANS & RE-MORTGAGES

VIEW ADVERT
£POA

More on Farm Business

Latest milk prices for dairy farmers: Arla announces latest financial results

Latest milk prices for dairy farmers: Arla announces latest financial results

Arla said the outlook was slightly negative, due to uncertainty on commodity price development

clock 20 February 2025 • 23 min read
Ben Taylor - Roythornes Solicitors: "The yield from this [IHT] measure is not likely to reach a steady state for at least 20 years"

Ben Taylor - Roythornes Solicitors: "The yield from this [IHT] measure is not likely to reach a steady state for at least 20 years"

Mr Taylor writes about changes to ABR and BPR, alongside the revenue it will raise for the Treasury

clock 19 February 2025 • 2 min read
UK natural gas price reaches two-year high

UK natural gas price reaches two-year high

Natural gas prices were likely to filter through to fertiliser markets

Alex Black
clock 18 February 2025 • 2 min read