Vat on Caravan fees

desmacca

I wonder if anybody can help. I own a static caravan in Wales, we have recieved our site fees information for 2021/22, the site allows the fees to be paid in one go for a saving ( by 05/11/2021) or in two halves, the first payment before 01/12/2021 and the second before 31/03/2022. My question is this, we have been told that even if we pay before 29/09/2021( when the vat is 5%) we will be charged VAT at 12.5% because they do not except to be payed untill after this date, and if paying in two payments, the second payment will be 20%, which i understand as the VAT returns to 20% by then. Should we be allowed the 5% VAT if we pay before the 29/09/2021 when the VAT goes to 12.5%?

Jeremy535897

It depends. See: https://www.gov.uk/guidance/vat-instalments-deposits-credit-sales and https://www.gov.uk/guidance/vat-guide-notice-700#changes-in-tax-rates-and-liability