I must admit to being puzzled that VAT could be lowered. In the past it was said that VAT was subject to an EU rule that it could not be reduced in a member state without all the other member states giving permission. So is this true and if it is has the gov got a dispensation as long as VAT is only down from next Monday to the end of next year if you do want to save a few hundred buying a posh boat. To reply to the question... Can't see it doing much for boat sales - if people have that sort of gelt they will buy anyway and enjoy a bonus using the VAT money saved towards paying increased fuel and license costs.
--- On Mon, 11/24/08, Neil Arlidge <[EMAIL PROTECTED]> wrote: From: Neil Arlidge <[EMAIL PROTECTED]> Subject: [canals-list] VAT To: [email protected] Date: Monday, November 24, 2008, 11:06 AM Does the team think that the lowering of VAT will see the many 50 - 60 Grand narrowboats built on spec that are floating about, being snapped up? The zero rating of liveaboard barges seems to be stalling, as many buliders are having trouble with their local tax office. Until this is sorted nationally, many barge builders could well pack up. There are a good few spec built new barges about. -- Neil Arlidge - NB Earnest Follow the travels of TNC, now in Ireland http://www.tuesdayn ightclub. co.uk/tour. html [Non-text portions of this message have been removed]
