Mark,
I’ve already shown that VAT applies to all leases that go in-life after the 1st July earlier in this thread, with evidence. And how applications made before 1st July may end up being subject to VAT.
Motabilty has to cover that VAT liability somehow.
So, yes, I strongly believe that the April APs are higher, as quite honestly anything else doesn’t make any business sense.
My idea for how that may have been done to be equitable to all parties was just that – an idea.
But I’ve unintentionally pulled the thread way too far from the original question, and that’s not fair to the OP.
So I’ll stop.