Call for U-turn on BIK tax plans for pick-ups

The Society of Motor Manufacturers and Traders (SMMT), says the tax change will add further cost pressure to businesses that rely on these vehicles, such as construction, farming, utilities and the self-employed.

Given the impact this would have on the market and these sectors in particular, the SMMT is urging the Government to instead uphold HMRC’s decision of February this year, to avoid damaging growth prospects. The previous Government initially announced it was also going to treat double cab pick-ups as company cars, before performing a spectacular U-turn days later.