Commentary

B2.217 Caravan sites where trade carried on

Business tax
Business tax | Commentary

B2.217 Caravan sites where trade carried on

Business tax | Commentary

B2.217 Caravan sites where trade carried on

Where activities connected with the operation of a caravan site amount to a trade, or a part of a trade, then the receipts and expenses of letting caravans or pitches for caravans may be dealt with in calculating the profits of that trade, rather than a separate property business1. The treatment is optional.

In practice, operators of caravan sites commonly provide a trading element, such as a café or site shop. However, if the trading requirement is met for only part of a tax year, then the optional trading treatment for letting receipts and

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