• A HMRC policy paper confirms the current VAT zero-rate for residential caravans is to stay.
• VAT Act 1994 schedule 8 group 9 item 1 used to refer just to a 2005 British Standard, BS 3632:205, in order for a caravan to qualify for zero-rating for tax. But a new edition of the BS was issued this year.
• So an SI 2015/1949 amended VATA with effect from 2nd December to add in the BS 3632:2015 as well.
Tax Barrister, Accountant