Navigating the New Structure of Boat Licence Pricing
Recently, the Canal and River Trust made a significant announcement regarding increases in boat licence fees, with significant surcharges of up to 75% being applied for boats without a home mooring. These changes which will be introduced over the next 5 years in a phased approach starting from April 2024, will affect all boaters up and down the waterways of the UK.
The standard licence fee will see above-inflation increase in each of the next five years for all boats, with surcharges of 25% by 2028 being applied for boats without a home mooring.
Wide beam boats without a home mooring will see the most significant increases as a combination of wide beam surcharges and boats without a home mooring surcharge being applied.
The Canal and River Trust have also announced a reduction of the prompt payment discount from 2.5% to 2% and a reduction in the online payment discount from 2.5% to 0.5%.
These changes, whilst potentially impacting your budget, the Canal and River Trust say are crucial for maintaining and improving the ageing waterways, enhancing the overall boating experience for all.
For more information and specific pricing details, please visit the official Canal and River Trust website. For more information about mooring spaces at Willowtree Marina please contact us on 020 8841 6585 or email contact@willowtree-marina.co.uk.