Alongside growth in income from other commercial and fundraising activity, the changes will help support the long-term future of the 2,000 miles of waterways that we manage across England & Wales.
Boat licence fees will need to rise above the baseline inflation rate for each of the next five years. In addition, we are introducing a surcharge for boats that continuously cruise and increasing the surcharges for wide beam boats to reflect the greater utility they receive.
The increases for all boat licence holders, and the new surcharges, will take effect from April 2024. Details will be announced in November using the latest inflation forecasts.
Separately from the main options, we also considered whether the various licence discounts currently offered are sustainable. From April 2024, there will be a reduction in the discounts for prompt payment and for paying online as this has become the standard method used by the vast majority of boaters. The electric boat, historic boat and charity boat discounts will be retained.