Vat still at 5% ...fingers crossed

replied on 03/03/2021 15:07

Posted on 03/03/2021 15:07

Did i just hear the budget say that vat was staying at 5% for a further 6 months ? 
Hopefully that will get passed onto us again saving pitch site fees . Fingers crossed 😊

peedee replied on 03/03/2021 16:02

Posted on 03/03/2021 16:02

Not heard anything about the C&CC extending membership fees again, my sub is due tomorrow after the 3 month holiday. The booking terms are officially much more flexible.

peedee

Cornersteady replied on 03/03/2021 16:05

Posted on 03/03/2021 15:51 by Tinwheeler

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

Posted on 03/03/2021 16:05

I was just thinking the same thing!

I think it will be a case of - it just is, OK!

brue replied on 03/03/2021 16:06

Posted on 03/03/2021 16:06

We've had a letter Peedee, our cards run out soon and we can produce the letter to say we have an extension from 16/03/21 to 16/06/21 if needed. We will need the letter as we are hoping to use C&CC sites in May.

Or is this the extension from last year..maybe I'm confused?! wink

DavidKlyne replied on 03/03/2021 16:07

Posted on 03/03/2021 15:36 by GTP

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

Posted on 03/03/2021 16:07

I think we posted at the same moment!

Just a slight correction the EU required a minimum rate of 15% and member governments were able to select any rate above that. I suppose the Government could do away with VAT and reintroduce Purchase Tax? To me it's a bit academic because I am not convinced it was necessary now or previously. I think the pub/restaurant trade might be different case but perhaps it was difficult to separate them out? 

The Club, having passed on the reduction to members last time I just can't see them not doing the same this time. How would they justify that? No doubt we will get clarification in the next day or two.

David

 

peedee replied on 03/03/2021 16:21

Posted on 03/03/2021 16:21

Or is this the extension from last year..maybe I'm confused?!

I suspect so Bru. I had a news letter yesterday and there was no mention of a further subs extension.

peedee

brue replied on 03/03/2021 16:46

Posted on 03/03/2021 16:21 by peedee

Or is this the extension from last year..maybe I'm confused?!

I suspect so Bru. I had a news letter yesterday and there was no mention of a further subs extension.

peedee

Posted on 03/03/2021 16:46

The letter we have has to be used in place of our soon to be out of date membership cards..I presume we'll get new cards in June instead of mid March.

Tinwheeler replied on 03/03/2021 16:59

Posted on 03/03/2021 16:46 by brue

The letter we have has to be used in place of our soon to be out of date membership cards..I presume we'll get new cards in June instead of mid March.

Posted on 03/03/2021 16:59

Our extension was from last November to February and we had the same letter. The renewal notice and new cards arrived in Feb.

GTP replied on 03/03/2021 17:17

Posted on 03/03/2021 16:07 by DavidKlyne

I think we posted at the same moment!

Just a slight correction the EU required a minimum rate of 15% and member governments were able to select any rate above that. I suppose the Government could do away with VAT and reintroduce Purchase Tax? To me it's a bit academic because I am not convinced it was necessary now or previously. I think the pub/restaurant trade might be different case but perhaps it was difficult to separate them out? 

The Club, having passed on the reduction to members last time I just can't see them not doing the same this time. How would they justify that? No doubt we will get clarification in the next day or two.

David

 

Posted on 03/03/2021 17:17

I stand corrected on the 15% minimum...which was a requirement set by the EU..In a previous life I had read a note on 20% being mooted.

As for the club passing on the VAT reduction...this was just my personal opinion...and as you yourself say 'was it necessary previously'...agree the club will have difficulty justifying any change in policy..

JollyKernow replied on 03/03/2021 20:33

Posted on 03/03/2021 20:33

Evening All

If you read the terms and conditions of a site booking made with the club it clearly states that vat will be charged at the going rate. So, it's early starts for us again adjusting payments lolwink

JK

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