The 20% planned tax increase in the sale of new static caravans have been scaled down in a UK government U-turn. Instead the government will introduce a tax of 5% in April 2013
A Treasury Spokesperson said
At the Budget we announced proposals to address anomalies that have built up in the VAT system and have led to similar products being taxed differently. We have now finished the consultation on these proposals and are taking on board the points made, while still making sure we meet the objective of clearer and more consistent system that we set out at the time.
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