ProperTea Posted July 5, 2022 Report Share Posted July 5, 2022 (edited) So next year will be the 14th year that Glastonbury charge £50 in October and then the full balance nearer the festival. In 2009 when the scheme was introduced, that meant paying £50 in October and then a balance of £125. 14 years later and with rising ticket costs the scheme now is likely to see you paying £50 in October and then a balance of £245. Is it time they split this up in to three of even four payments, to help with cashflow, and to enable those on lower incomes to attend the festival? Edited July 5, 2022 by ProperTea 4 Quote Link to comment Share on other sites More sharing options...
p.pete Posted July 5, 2022 Report Share Posted July 5, 2022 Sounds reasonable. Have there been any other innovations introduced by other festivals since 2009? Quote Link to comment Share on other sites More sharing options...
maelzoid Posted July 5, 2022 Report Share Posted July 5, 2022 3 minutes ago, ProperTea said: So next year will be the 14th year that Glastonbury charge £50 in October and then the full balance nearer the festival. In 2009 when the scheme was introduced, that meant paying £50 in October and then a balance of £125. 14 years later and with rising ticket costs the scheme now is likely to see you paying £50 in October and then a balance of £245. Is it time they split this up in to three of even four payments, to help with cashflow, and to enable those on lower incomes to attend the festival? No. The system works fine, I think. You have months to save up for your ticket, if you cannot do this and need an instalment scheme to allow you to go, you are terrible with money management and probably cannot really afford to go. 1 2 Quote Link to comment Share on other sites More sharing options...
fraybentos1 Posted July 5, 2022 Report Share Posted July 5, 2022 Just now, maelzoid said: No. The system works fine, I think. You have months to save up for your ticket, if you cannot do this and need an instalment scheme to allow you to go, you are terrible with money management and probably cannot really afford to go. Would make it more palatable for many, especially with the current cost of living crisis. It's not necessarily a case of need more just that is an option that would help some people which many other fests do. Quote Link to comment Share on other sites More sharing options...
squirrelarmy Posted July 5, 2022 Report Share Posted July 5, 2022 When securing the ticket you just need to set up a savings pot for the festival. I threw £50 a month in to keep ticket money separate to my other outgoings. What you need to do is make sure that money isn’t touched until it’s time to pay the ticket off. Whether you’re paying it in 3 instalments or a one off sum it’s still the same money over the period of time. Quote Link to comment Share on other sites More sharing options...
Punksnotdead Posted July 5, 2022 Report Share Posted July 5, 2022 End of the road festival allows you to make multiple payments between deposit day and deadline day I think? Quote Link to comment Share on other sites More sharing options...
maelzoid Posted July 5, 2022 Report Share Posted July 5, 2022 2 minutes ago, squirrelarmy said: When securing the ticket you just need to set up a savings pot for the festival. I threw £50 a month in to keep ticket money separate to my other outgoings. What you need to do is make sure that money isn’t touched until it’s time to pay the ticket off. Whether you’re paying it in 3 instalments or a one off sum it’s still the same money over the period of time. This is how to do it. And plenty of bank accounts have this kind facility. I am all for financial independence and responsibility. Quote Link to comment Share on other sites More sharing options...
vertigocarbon Posted July 5, 2022 Report Share Posted July 5, 2022 not really sure what this has to do with the deposit? In theory the way it is currently is the most friendly to low-incomes, no? For people not good at budgeting, then I don't see why a payment plan couldn't be offered but then you would effectively be asking for money earlier. Quote Link to comment Share on other sites More sharing options...
Leyrulion Posted July 5, 2022 Report Share Posted July 5, 2022 Payment plans are a common feature of a lot of other festivals in the u.k. It would be good to offer it as a service anyway, not sure if it would help those on low incomes attend. Quote Link to comment Share on other sites More sharing options...
stuie Posted July 5, 2022 Report Share Posted July 5, 2022 12 minutes ago, ProperTea said: So next year will be the 14th year that Glastonbury charge £50 in October and then the full balance nearer the festival. In 2009 when the scheme was introduced, that meant paying £50 in October and then a balance of £125. 14 years later and with rising ticket costs the scheme now is likely to see you paying £50 in October and then a balance of £245. Is it time they split this up in to three of even four payments, to help with cashflow, and to enable those on lower incomes to attend the festival? For tax and VAT reasons, the festival want the bulk of the money as close to the festival as possible. Quote Link to comment Share on other sites More sharing options...
Johnnyseven Posted July 5, 2022 Report Share Posted July 5, 2022 (edited) Not sure what's stopping people paying the initial deposit then saving the ticket cost up themselves between Oct and April and paying the balance. Same costs would need to be paid over the same period. Does the festival really need to go to the expense of setting a system up to do this when ticket holders could take care of it themselves? Or are you suggesting the payment window is extended later, with the final instalment being paid in May or June? Edited July 5, 2022 by Johnnyseven Quote Link to comment Share on other sites More sharing options...
kalifire Posted July 5, 2022 Report Share Posted July 5, 2022 7 minutes ago, Johnnyseven said: Not sure what's stopping people paying the initial deposit then saving the ticket cost up themselves between Oct and April and paying the balance. This works in theory until you're absolutely broke and have mouths to feed. Suddenly Glastonbury becomes less of a priority, and the savings are re-prioritised. "Just save up" doesn't work on the poorer end of the socio-economic spectrum. 1 Quote Link to comment Share on other sites More sharing options...
SighMo Posted July 5, 2022 Report Share Posted July 5, 2022 14 minutes ago, Punksnotdead said: End of the road festival allows you to make multiple payments between deposit day and deadline day I think? They did but not this year. Quote Link to comment Share on other sites More sharing options...
Johnnyseven Posted July 5, 2022 Report Share Posted July 5, 2022 (edited) 3 minutes ago, kalifire said: This works in theory until you're absolutely broke and have mouths to feed. Suddenly Glastonbury becomes less of a priority, and the savings are re-prioritised. "Just save up" doesn't work on the poorer end of the socio-economic spectrum. Then how would they be able to afford to pay the instalments when they're due? If they're in that situation it would be better if the funds were available to them to feed the family than tied up in a payment plan. Edited July 5, 2022 by Johnnyseven Quote Link to comment Share on other sites More sharing options...
kalifire Posted July 5, 2022 Report Share Posted July 5, 2022 Just now, Johnnyseven said: Then how would they be able to afford to pay the installments? Having to find seventy quid four times over six months can be easier than having to find two hundred and fifty in one go. Quote Link to comment Share on other sites More sharing options...
Punksnotdead Posted July 5, 2022 Report Share Posted July 5, 2022 1 minute ago, SighMo said: They did but not this year. Wasn't that just because the deadline day was much earlier because of the VAT? Be interested if they bring it back (not that I've ever used it). Quote Link to comment Share on other sites More sharing options...
Johnnyseven Posted July 5, 2022 Report Share Posted July 5, 2022 (edited) 7 minutes ago, kalifire said: Having to find seventy quid four times over six months can be easier than having to find two hundred and fifty in one go. Edited - I don't really want to get into an argument about this. Edited July 5, 2022 by Johnnyseven Quote Link to comment Share on other sites More sharing options...
SighMo Posted July 5, 2022 Report Share Posted July 5, 2022 4 minutes ago, Punksnotdead said: Wasn't that just because the deadline day was much earlier because of the VAT? Be interested if they bring it back (not that I've ever used it). I had assumed they were doing it again as I'd booked another ticket after I had paid for mine as my son decided to go. I paid a deposit and when I went back in a month or so later to pay off a bit more I only had the option to pay off the balance. I hope they reinstate this too as it's easier when you're doing 3 festivals. Quote Link to comment Share on other sites More sharing options...
K2SO Posted July 5, 2022 Report Share Posted July 5, 2022 I can't believe they haven't introduced an installment plan already if I'm honest. I think it would potentially be a good move to be able to pay it off as and when you like, a bit like a 0% finance plan from the day you pay your deposit to the March deadline date. Then you open it up to everybody to do their own thing. You could pay it all off in October, pay off a bit a week, split it into 3, wait until the last day. Quote Link to comment Share on other sites More sharing options...
Neil Posted July 5, 2022 Report Share Posted July 5, 2022 43 minutes ago, ProperTea said: So next year will be the 14th year that Glastonbury charge £50 in October and then the full balance nearer the festival. In 2009 when the scheme was introduced, that meant paying £50 in October and then a balance of £125. 14 years later and with rising ticket costs the scheme now is likely to see you paying £50 in October and then a balance of £245. Is it time they split this up in to three of even four payments, to help with cashflow, and to enable those on lower incomes to attend the festival? it doesn't make it any more ffordable for those on low incomes by costing the same with different payments, might make it more manageable. to afford. Quote Link to comment Share on other sites More sharing options...
spg Posted July 5, 2022 Report Share Posted July 5, 2022 I would probably use a payment option, some months are definitely easier to find a spare £50 than others Quote Link to comment Share on other sites More sharing options...
Deaf Nobby Burton Posted July 5, 2022 Report Share Posted July 5, 2022 30 minutes ago, stuie said: For tax and VAT reasons, the festival want the bulk of the money as close to the festival as possible. I don’t see how this is a factor. I’m not an accountant but I am self employed, when I earn my income in a reporting period is irrelevant, the tax liability is the same, income is income regardless of when you receive it. It would be somewhat odd if the timing of income in a reporting period had an impact on how much tax you pay. Quote Link to comment Share on other sites More sharing options...
The Nal Posted July 5, 2022 Report Share Posted July 5, 2022 You have to pay the same amount of money. Quote Link to comment Share on other sites More sharing options...
gfa Posted July 5, 2022 Report Share Posted July 5, 2022 If they let people pay in instalments then you'd just get more people moaning especially if they don't like say the only headliner to be announced pre x-mas i reckon. If people are paying in instalments you couldn't really do what they did this year when they dropped the line mid balance window for instance. Quote Link to comment Share on other sites More sharing options...
The Nal Posted July 5, 2022 Report Share Posted July 5, 2022 An extra 4 x 250,000 transactions for the festival and the bank is a million transactions. For what? You still have to pay a total of £245 by April. Quote Link to comment Share on other sites More sharing options...
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