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Is ‘Localism’ in planning a threat or an opportunity to the Holiday & Home Park Industry?

by posted in Holiday Home & Parks

Planning restrictions have generally been seen as a double edged sword. On the one hand planning restricts the supply of new pitches for caravan holiday & park homes. This has the effect of restricting the supply and hence supporting or increasing the value of existing parks. On the other hand Park Owners wanting to expand [...]

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What red tape would you cut?

by posted in Holiday Home & Parks

All Governments promise to reduce red tape but in practice they keep piling it on. Business leaders are now calling on Government to create the conditions for business to grow and a key element of any strategy must be the reduction of regulation for SMEs. The holiday park industry has significant potential to grow and [...]

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Furnished Holiday Lettings (FHL) – the key changes

by posted in Holiday Home & Parks

Relative to other property businesses the FHL rules have provided significant tax breaks. Recent moves to abolish these rules were withdrawn when the coalition came to power pending a further review and consultation. The rules have now been reviewed and the proposed changes are outlined in the Finance Bill 2011. The key changes are: The [...]

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Is the sale of a new holiday lodge (i.e. not a caravan), on to a holiday park, zero rated or standard rated?

by posted in Holiday Home & Parks

This seems a simple question but it turns out to be quite complex. The importance of getting it right. If your sales targets are based on VAT inclusive selling prices then a zero rated supply means that you keep all of the sale proceeds. If the sale is standard rated then you need to account [...]

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