You'll have to pay 20% more for your static soon

[josie gibblebucket]

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. :-S

[PJay]

 

Why should they have been exempt?

I could understand if it was full time home, but not as a holiday home.

 

It's a bit like when you could buy Red diesel for pleasure craft, when it ought to have only been for Fishing boats. They stopped that in about 2006

 

PJay

[josie gibblebucket]

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. ;-)

[Patricia]

I bought a static in 2007 and certainly paid VAT on it but not at 20%. The first figure had about 30% added to it and then to that total a further 5% was added.