Fifth Wheel joins caravan tax debate

Caravan manufacturer Fifth Wheel Company has become the latest party to voice its opinions on government plans to start taxing caravan sales.

Under the new legislation, static and fifth wheel caravans will be subject to VAT at the point of sale from October this year. Fifth Wheel Company is worried that this increase will not only impact on the family-run firm, but on the industry as a whole.

“This year we are celebrating our ten year anniversary. We survived the recession and our business is going from strength to strength as we continue to grow and innovate,” the company’s sales director Adrian Parry-Jones told Caravan Times. “The government’s proposal to apply 20 per cent VAT is a big concern for us as potentially this levy could add thousands of pounds to the purchase price of our tourers and have a devastating effect on our business.”

A number of MPs have already spoken out against the impending caravan tax as they are concerned it will damage the UK tourist industry.

If you own a static of fifth wheel caravan or are thinking of purchasing one before October when the new VAT legislation comes into force, Coast can offer you a competitive quote for insuring it. To find out more about our static caravan insurance and fifth wheel caravan insurance policies, call Coast’s sales team on Freephone 0800 614 849.