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Posted: 19 April 2012 4:02 PM Subject: You'll have to pay 20% more for your static soon
That was a shock for park owners, the announcement that VAT is to be levied on the sale of static caravans from later this year. With VAT at 20%, that is a massive increase in the price of a new van. I wonder how many people will change thier minds about upgrading in light of this. The woman on TV said 14 companies in this region (eastern England) are involved in the manufacture of such caravans and she feared it would result in jobs being lost as sales would probably fall. If you had planned to buy new, now might be the time to do it, I think the VAT comes in about October time.
Posted: 19 April 2012 4:27 PM Subject: RE: You'll have to pay 20% more for your static soon
I think that is the governments stance, that they are holiday homes, so should be taxed. Sorry, I wasn't trying to say they should or shouldn't be, I was just posting the facts as I'd heard them. But VAT is a big expense at 20% no matter what you are buying, it would certainly make me think twice.