VAT ON HOLIDAYS HOME
The government announced in the spring 2012 that they intend to increase the VAT on the sale of a holiday home to 20% on the full price. At present VAT is only charged on the removable contents, which typically means about a 3 - 4% VAT rate.
The change is due to come in on 1 October 2012.
The industry and customers are joining forces to campaign against the change, so please play your part by signing an online petition at which could help make a real difference.