Lifestyle

Ten tell-tale signs you need to get a new startup.

No visited raising gravity outward subject my cottage Mr be. Hold do at tore in park feet near my case.

 

Businesses could ditch these cars in weeks as £15,000 car tax bill threat looms




Bumper previously admitted some individuals could end up paying £15,000 per year to use the roads once the rules are updated. 

The experts have now stressed car ownership could be at risk with many likely to look towards alternative vehicles.

Bumper said: "Aside from higher taxes, what do these changes mean for the industry?

"The new regulations may lead businesses in industries like construction and farming to rethink their pickup vehicle fleets.

"While reliable, double-cab pickups will face higher BiK taxes, which will lead to increased costs for employers due to added National Insurance contributions. 

"Many businesses might switch to traditional vans to reduce the tax burden, which still benefits from lower BiK rates. We might also see a switch to electric vehicles (EVs), which offer reduced taxes thanks to their lower emissions."

As well as paying higher BiK charges, the move is also likely to add to employers' National Insurance contributions in an extra blow.

Bumper has stressed the move could become a "significant hit for tradespeople" who have relied on these vehicles as part of their work.

Under current rules, double cab pick-up models over one tonne only have to pay £3,960 in benefit-in-kind fees. 

However, the update means road users will pay benefit-in-kind fees based on emissions with higher polluting vehicles more affected. 

Analysis from Bumper has stressed company car owners which fall into the highest tax band may pay as much as £15,000, more than three times the current rate. 



Source link

Posted: 2025-03-13 10:45:10

Sir Jim Ratcliffe makes stance on Ruben Amorim sack clear as Man Utd struggle | Football | Sport
 



... Read More

I drove the £16k Chinese EV - it was great apart from this
 



... Read More

King Charles to reveal his favourite songs as he follows in Harry and William's footsteps | Royal | News
 



... Read More

Russia could reinvade Ukraine without US security guarantees, Starmer warns | Ukraine
 



... Read More

Six Nations decide on TV paywall as BBC won't show England matches | Rugby | Sport
 



... Read More

McLaren learn fate after investigation into Lando Norris gaffe at Miami GP | F1 | Sport
 



... Read More

Trump says he does not know if El Salvador would return Kilmar Ábrego García and hasn’t asked – live | US news
 



... Read More

What Ronnie O’Sullivan told Zhao Xintong after World Snooker Championship thrashing | Other | Sport
 



... Read More