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As the end of the tax year approaches, many UK businesses are missing a valuable opportunity to reduce their tax bill.
If you’re planning to invest in a new or used van this year, timing is critical. Purchasing and taking delivery before 5th April could unlock significant tax advantages and help you make better use of your profits.
100% Tax Allowances Available
Most vans qualify for full capital allowances, meaning you may be able to offset the entire cost of the vehicle against your taxable profits in the current tax year.
Reduce Your Tax Bill
Buying before the deadline could lower your corporation tax or income tax liability — keeping more cash in your business rather than handing it over to HMRC.
Invest, Don’t Waste
Instead of paying tax on unused profits, you’re investing in a productive business asset that supports growth, efficiency, and reliability.
Wide Choice & Flexible Finance
From brand-new or used, diesel or electric, there are a variety of hire purchase, lease, or tailored finance options available to suit your business needs. However, stock availability and delivery slots become increasingly limited as April approaches.
The Deadline Matters
To benefit from this year’s tax allowances, your van must be ordered and delivered before 5 April. Waiting too long could mean missing out altogether.
👉 If you’re even considering a van this year, a quick, no-obligation chat now could make a real difference to your tax position.
* Disclaimer:
This article is for general information purposes only and does not constitute tax, financial, or legal advice. Tax rules and allowances can vary depending on individual circumstances and may change over time. You should seek advice from a qualified accountant, tax adviser, or other professional before making any financial or purchasing decisions.
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