Julian wrote:
> "Roger Millin" <[EMAIL PROTECTED]>
> wrote in message
> news:[EMAIL PROTECTED] Julian said:
>>
>> The one for this year is the gold licence
>> Anyone that buys one is bonkers......
>>
>> Take a 60ft narrowboat
>> Gold licence this year £907
>> Normal licence £587
>> £319 extra
> snipped
> But, do the calculations involving 9% plus RPI per year compounded for
> the next three years and you'll find that you'll be paying that figure
> just for your normal licence in three years, never mind a Gold! And
> they're going to reduce/abolish the prompt payment discount just to
> rub salt into the wound.
> Roger
>
> Dont know if you can remember that far back but the discount is not
> actually a discount... When it came in BW wanted to put up the
> licence by 10% there was an outcry so they defered it if you paid on
> time. so not a discount at all just a deffered rise.
>
> 2007  £653    actually pay £587 inc 10% discount
> 2008  £735    actually pay £661 inc 10% discount
> 2009  £847    actually pay £805 inc 5% discount
> 2010  £952    actually pay £952 inc  0% discount
> 2011 ???????
> 2012 im off
>
> At least with the EA you can buy a 3year licence to mitigate the
> rises and yes it does pay if you invest the money you would save less.
>
> I think that there may well be very few boat builders left by 2012
> not to mention no boaters.

Meanwhile...over in Ireland everything is tickety-boo  ;-)

-- 
Neil Arlidge - NB Earnest - Shannon Reg 7410
Read about our Irish travels at:
http://www.tuesdaynightclub.co.uk/Tour_07/index.html





 
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