Prompt payment discount for boaters
The Canal & River Trust is continuing its discount scheme to encourage boaters to renew their private and business boat licence promptly and to manage their payments online.
From 1 April 2020, a 2.5% 'prompt payment' discount (reduced from 5%) will apply for those who pay on time and in full. Similarly, a new 2.5% discount will apply for those who manage their payments online including, for the first time, for boaters paying by direct debit.
“We know that not every boater is in a position to pay their licence in a single payment so we’re pleased to be able to extend a portion of the previous ‘prompt payment’ discount to those paying by direct debit, as well as all those managing their payments online," said Jon Horsfall, Trust head of customer service support.
Additional pricing bands
In addition to the current length-based pricing, from April 2020 the Trust will start the phased introduction of additional pricing bands for boat widths over 2.16m with a surcharge of 5% applied until March 2021 (when it will increase to 10%). This means that boats over 2.16m wide will be subject to an increase in licence fees of 7.6% overall from 1 April 2020.
Income from private boat licences makes up around 10% of the trust's funding and helps keep the waterways running smoothly. “The changes we’re making to boat licensing are intended to ensure the financial contribution made by boaters towards the cost of looking after the waterways is spread fairly across the boating community," said Jon.
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