DEBBIE THORN advises caravan manufacturers, distributors and caravan park owners on forthcoming new VAT rules…
This year, the VAT rules on static holiday caravans are changing. From 6 April, the zero-rating of VAT is being withdrawn and will be replaced with a 5% reduced rate.
This new legislation applies to static holiday caravans only and not caravans suitable for residential use. In addition, the caravan must be longer than 7 metres or wider than 2.55 metres and must not meet British Standard 3632.2005. A summary of the new rules is shown below.
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