Will the price go up...?

paul2468

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 ?

whatajoke1

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 ?

paul2468

Funny..:rotfl::rotfl::rotfl::rotfl::rotfl:

welshmoneylover

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!

ferf1223

is there VAT on foreign holidays?

geordieracer

ferf1223 wrote: »

is there VAT on foreign holidays?

Only if they are UK holidays i believe

ferf1223

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.

jackieblack

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.

martindow

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