Licence fees to be reduced

[Debby]

Not this year they wont be!

If I just heard the badger corectly VAT is reduced from November 2009 to december 2010.

What use is that?

 

According to the BBC website, VAT is cut starting next Monday till the end of next year.

 

It will be paid for by raising alcohol, tobacco and petrol prices.

Edited November 24, 2008 by DaveandDebby

[Dominic M]

Not this year they wont be!

If I just heard the badger corectly VAT is reduced from November 2009 to december 2010.

What use is that?

From next Monday.

 

Unfortunately, fuel (so that'll be red diesel for propulsion) and alcohol duty are to rise to compensate.

 

Edited to add: daveanddebby beat me to it!

Edited November 24, 2008 by Dominic M

[Dominic M]

BBC: 1610 The chancellor says the government will provide an extra £100m to help households improve insulation.

 

Wonder if that applies to residential boats?

[GUMPY]

According to the BBC website, VAT is cut starting next Monday till the end of next year.

Was sure he said dec 1 2009 never mind teach me to be hasty.

0.5% on NI wipes out the personal allowannce increase........

[Dominic M]

Was sure he said dec 1 2009 never mind teach me to be hasty.

0.5% on NI wipes out the personal allowannce increase........

But not until April 2011, after the next election - if they win that of course.

[mayalld]

But not until April 2011, after the next election - if they win that of course.

 

Could jokes please be kept in the VP?

[Boats in the head]

I don't quite see how BW are "getting it right". If the rate of VAT falls then BW will have to fall into line. The fees will not be reduced, just the duty on those fees.

 

Of course, credit where credit's due. If BW correctly calculate the new amount to charge, for the licence, then I will be pleasantly surprised.

 

Although, one thing we've got to be aware of is BW's reliance on the Boater's "willingness to pay".

 

They might just offset the 2.5% drop in VAT with a further 2.5% increase in the licence fee.

 

 

I have just paid my fees ( just my luck) but as they are for a full year then am I due a rebate as part of the year I have paid for will only attract 15% It must be elegal to charge 17.5% for the remaing 10 months if only 15% is the offical rate.

 

Doubt I will see the saving passed on but just adding to the debate

Rooster

[mayalld]

I have just paid my fees ( just my luck) but as they are for a full year then am I due a rebate as part of the year I have paid for will only attract 15% It must be elegal to charge 17.5% for the remaing 10 months if only 15% is the offical rate.

 

Doubt I will see the saving passed on but just adding to the debate

Rooster

 

Sorry, but wrong!

 

VAT is payable at the rate in force at the "Tax Point" (being the date of invoice, or of payment if no prior invoice is raised).

 

The good news is that you will benefit for the whole year at 15% on your NEXT renewal.

[david and julie]

Anyone know if the duty went up on Red?

 

I know it didn't benefit(?)from the reduction in VAT, but am just curious as to whether he took opportunity to up the duty up anyway.

[bottle]

And just to jump on the unfair, why should I pay more/less than him.

 

Those that have their renewal due in January will get two payments at 15% whereas everyone else will get the advantage only once.

[blackrose]

Well I'm getting a year's FREE licence from BW in January.

 

I filled out one of their a customer surveys about a year ago and they called me last February to tell me I'd won first prize!

 

That's not a bad reduction. I've suddenly become a big fan of BW

[johnthebridge]

Well I'm getting a year's FREE licence from BW in January.

 

I filled out one of their a customer surveys about a year ago and they called me last February to tell me I'd won first prize!

 

That's not a bad reduction. I've suddenly become a big fan of BW

Lucky you! Read the small print BEFORE you take it up!