You might recall that during the pandemic, the government reduced the VAT rate applicable to the hospitality industry to 5% in 2020, then in 2021 it was increased to 12.5%. 12.5% is the VAT rate that was applied to your 2022 site fees in November last year.
Here at Haven, we passed on the VAT reduction in full to all our owners. The government has now reverted the VAT rate back to the normal level of 20%.
Please be assured Haven do not benefit from an increase in VAT with all VAT payments being passed directly to the government.