Thursday, 23 December 2010

Festivals avoid the raising VAT

The raising VAT on theatre tickets and concert tickets is delayed from January 1 to July 1. The rate of VAT will increase from 6% to 19%. All festivals and events after 1 July will have a 19% VAT, even when you buy them before July 1.
The first consequences of the raising VAT on festivals and events are noticeable. Some popular festivals and events are selling their tickets for summer 2011 now to take advantage of the lower rate of VAT.
Tickets Lowlands
Lowlands is a popular festival at the end of the summer. In 2011 it will be at August 19 till August 21. Tickets cost €165, - a piece. When the rate of VAT will increase from 6% to 19% they will cost €185, - a piece. The organisation of Lowland thinks that this is too expensive. For that reason Lowlands had sold their tickets for 2011 Friday 26 November. This was a great success, because within two hours it was sold out.
But Lowlands is not the only festival who is selling their tickets earlier. Zwarte Cross (16 till 18 July) and Loveland (August 14) are also selling their tickets now to take advantage of the lower rate of VAT. Also the festival organisation Extrema is selling their tickets for Extrema Outdoor and Solar Weekend earlier. Till the end of 2010 Extrema will sell their tickets with the lower rate of VAT. The first buyers are getting also a DVD from the event as reward.

No comments:

Post a Comment