Welsh caravan manufacturer Fifth Wheel Company has added its voice to the growing criticism surrounding the Government’s so-called Caravan Tax.
While a section of the caravan industry currently pays a reduced sales tax, as of October VAT will be introduced to the industry and all static caravans and fifth wheel tourers will be subject to the levy.
Now the family-run company, which was only recently praised by the Government for offering quality apprenticeships to local youngsters, has hit out at the potentially damaging impact the move will have on its business.
Though the company has come through the recession relatively unscathed and is eyeing further growth, sales director Adrian Parry-Jones is concerned that the tax will ruin all their hard work.
“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,” he said.
“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.”
For anyone considering buying one of the company’s caravans, Mr Parry-Jones advised that they place their order before the October 1st deadline to avoid the extra cost.
