Government U-turn on Static Caravan Sales Vat Rise

Great news for the static caravan industry this morning as plans to impose a full 20% vat rate on static caravan sales have been placed on hold.

Rather than the planned 20% vat rate from October, there will now be a lower 5% vat rate implied from April 2013. Removable contents of the caravan will be continued to be charged at the full vat rate (as has always been the case).