Vat still at 5% ...fingers crossed

It’s mentioned on the BBC news website. Extended until September. Hopefully they continue to pass it on.🤞

Agreed 😊 . We haven’t really been able to take advantage of it much have we. 
here’s hoping 😬😀

Correct, until the end of September...as before to help the hospitality sector.  

Like others.....The club do not have to pass this on to the customer..and in my personal opinion should not do so.  The incentive to attract more usage of sites is no longer valid as can be seen in the take up of bookings well into 2022.. 

I would suggest the club use the savings to further improve the sites that have missed out from the last budget...

I was going to say "invest in improving 'Club Together' but I have come to the conclusion that this is a lost cause...

This is the quote from the BBC website:- "The reduced 5% VAT for the hospitality and tourism sector will be extended for six months to 30 September, and will not return to the full standard rate of 20% until April next year."

Not quite sure what happens between the end of September and April next year?  

Whilst it is a nice to have I am not entirely sure that it is needed as there so much pent up demand it's unlikely campsites will be empty regardless of whether VAT is 5 or 20%? Just a bit more to pay back later.

David

From Sept 2021 to March 2022 there is to be an interim VAT rate of 12.5%.

Not quite sure what happens between the end of September and April next year?

An interim 12.5 percent will be charged.

peedee

P.S. Just beat me to it TW. Minimum wage is to increase which will put up site fees and tax allowances are frozen until 2026 which is going to have a double whammy on what will be affordable.

DK..See my 3rd para....also the 20% VAT was an EU requirement. We can now set our own rate.

It is (to me) Interesting that some suggest the club shouldn't pass on the reduction. I'm not bothered either way but it's interesting as I recall from last time that some posters were saying that if the club didn't pass on the reduction the club would be committing fraud, cheating it's members, they wouldn't use a club ever again... and more like it.

Corners, are you standing by to explain the calculations of the changes from 20 to 5 to 12.5 to 20%? Remember last time?🤣🤣🤣

Last year the "other" club didn't pass on the VAT saving on forward bookings at first but did on the actual date it began. However they extended membership fees (they've just done this again.)

What ever way this is applied, it is a saving and I'll be glad to enjoy it. There'll be some out there who will have had reduced incomes during Covid restrictions and it is a welcome reduction for them. Not all members have incomes of such a level that they can say they don't need a reduction when it's available.