George Osborne Hits Hard On Holiday Home Industry With A Dramatic VAT Increase.
20% VAT increase on mobile homes and static caravans from October 2012
New VAT Increase On Mobile Homes
in the 2012 budget statement the Chancellor of Exchequeor George Osborne anounced that the VAT at the full rate of 20% will be levied on static caravans and mobile homes from October 2012. This dramatic VAT increase on holiday homes is set to have huge impact on the struggling holiday home and caravan industry as the increased price for the customers would reduce sales considerably.
Order your home before October and save money
As the mobile homes still remain VAT free until October we welcome our customers to come and purchase your home before the tax raises and save money.