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Will the price go up...?

Booked a holiday online for £1300...going to Spain next June, i paid £300 deposit with the balance to be paid next April....with vat going up to 20% from 1st Jan will the price of the holiday go up ?

Comments

  • paul2468 wrote: »
    Booked a holiday online for £1300...going to Spain next June, i paid £300 deposit with the balance to be paid next April....with vat going up to 20% from 1st Jan will the price of the holiday go up ?

    crystalball.jpg
  • paul2468
    paul2468 Posts: 845 Forumite
    Funny..:rotfl::rotfl::rotfl::rotfl::rotfl:
  • Good question and one I hadn't thought of when booking next years jaunt abroad.

    Perhaps someone can enlighten us further...

    Yes, I thought the crystal ball was :rotfl:too!
    Be happy, it's the greatest wealth :)
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    is there VAT on foreign holidays?
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • ferf1223 wrote: »
    is there VAT on foreign holidays?

    Only if they are UK holidays i believe
    one of the famous 5:kiss:
  • ferf1223
    ferf1223 Posts: 8,936 Forumite
    Part of the Furniture
    thanks geordieracer - I thought I'd read that before...so if there's no VAT on foreign holidays there shouldn't be a price increase relating to the impending VAT increase.
    Does remembering a time that a certain degree of personal responsibility was more or less standard means that I am officially old?
  • jackieblack
    jackieblack Posts: 10,618 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The price of a booked holiday didn't go down when VAT was reduced to 15% last year, I read at the time that they don't attract VAT so would assume there will be no increase.
    Everything will be alright in the end so, if it’s not yet alright, it means it’s not yet the end
    Quidquid Latine dictum sit altum videtur
  • martindow
    martindow Posts: 10,673 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    There was previous thread on VAT and holidays when VAT was about to be reduced to 15% which discusses whether VAT is payable or not

    https://forums.moneysavingexpert.com/discussion/1307553
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