VAT Discount 2021-2022

Take advantage of the VAT Discount

To gain the VAT discount you must book and pay for your 2022 boat holiday in full on or before the 31st of March 2022.

We are required by the UK Government to charge VAT on all our holidays. Usually this is charged at 20%, however the Chancellor has offered a discounted rate of 12.5% until 31st March 2022.

As a business operating the VAT cash accounting scheme, we are required by law to charge VAT at the prevailing rate on the date that payments are RECEIVED by Fox Narrowboats Ltd, not the rate at the date of booking.

The prices on this website include VAT at the current rate of 12.5%. Deposit payments are charged at this rate. Balance payments received on or before 31st March 2022 will attract the full discounted rate of 12.5% as advertised. Balance payments received on or after 1st April 2022 will be charged at the full rate of 20%; an increase of approx. 6%

Example:

Summer 2022 Holiday, website price £1200.00 including VAT at 12.5%

Deposit paid now £180.00 including VAT at 12.5%

Balance paid on or before 31st March 2022
Balance £1020.00 including VAT at 12.5%
Total Price Paid £1200.00

Balance paid on or after 1st April 2022
Balance £1088.00 including VAT at 20%
Total Price Paid £1268.00