Countdown to the caravan VAT rise

If you’re thinking of investing in a static caravan you may be best placed to make your purchase within the next few days, as VAT charges are set to rise from April 2013.

The proposal to add VAT to the sale of static and some larger touring caravans caused uproar when it was announced last year, with the industry up in arms about the government’s planned 20% tax.

After much campaigning a compromise was reached and instead caravan buyers will be subjected to a much less expensive 5% VAT charge as of next month. However, if you want to beat the new charges, Coast recommends that you look to purchase your new caravan before the end of March.

Once you’ve decided on your new investment, Coast can offer you a great deal on your static caravan insurance or touring caravan insurance. To find out about our expert insurance cover call Freephone 0800 614 849 or buy caravan insurance online.