Members with an ATOL turnover of under £1.5M may be eligible to renew their ATOL under the ABTA-ATOL Joint Administration Scheme at a reduced rate of £495 – a potential cost saving of up to £870.

To find out if you're eligible to renew your ATOL through the ABTA scheme, or if you require further information, please contact the Member Information line on 0845 177 2282 or your ABTA Financial and Business Analyst.

Please send us your ATOL renewal application from the CAA by 31 August 2013. After that date you'll need to apply directly to the CAA and pay a higher rate of up to £1,365.

There are only 22 working days left before your ATOL will expire. If you anticipate having to provide a bond to the CAA or to ABTA under the Joint Administration Scheme, please make sure you take action now to ensure your ATOL is renewed on time.