Park Holidays UK suggest how to avoid VAT increase on caravan holidays
George Osborne's first budget will see VAT rise to 20 per cent
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Friday, 18, Jun 2010 09:19
by Chris Malone
The news that January 2011 will bring with it a new VAT level of 20 per cent has led Park Holidays UK to advise caravanners to book up for next year's vacation now.
According to the firm, sorting out a break in advance of the tax rise could help Brits save a penny or two.
It is also offering those who enjoy a holiday in 2010 and book up for next year a further £40 off a week-long stay or £20 off a short break.
With new chancellor George Osborne's first budget hitting almost everyone in the pocket, any holiday savings could come in useful.
The Conservative cabinet member has cut public spending, reduced benefits and increased a number of taxes in a bid to reduce the deficit.
"Financially speaking the time to act is now," Park Holidays UK said.
"You'll get the same fantastic holiday, accommodation and service but minus that impending extra VAT cost."
The company recently revealed that Brits buying a caravan can now get up to a 20-year guaranteed licence at its sites.