Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate she has made of the potential increased revenue due to recent changes to the tax classification of double cap pickups in 2026-27 financial year.

The estimated amount of tax in 2026/27 that will be raised from double cab pick-up vehicles being treated as cars, comprised of increased Company Car Tax revenue and reduced Capital Allowances, has been estimated as follows:

This figure is based on Autumn Budget 2024 basis and is subject to uncertainty typically around the behavioural response.