Uber and the VAT man
Roland Perry wrote:
In message , at 18:05:47 on Fri, 24
May 2019, JNugent remarked:
How Uber allocates their turnover is not relevant to the question of
what their turnover is.
It is if the main way they "allocate" the funds is by sending 75% to the
drivers (on a booking agency basis) and keeping 25% commission.
Any business which pays out more than it previously did in wages or
overheads reduces profitability, but turnover only vchanges if turnover
changes.
The only overhead that the Uber that's paying 75% to drivers (and the
drivers paying all their costs like renting and insuring vehicles,
paying themselves a wage etc) has, is running its booking platform.
I think it's a bit more than that. For example, Uber has to vet its
drivers, something else that suggests that it's more than just a booking
platform.
https://www.thetimes.co.uk/article/uber-drivers-forced-to-have-new-criminal-record-check-zf6ctss07?shareToken=3fc2ded3581dd027f86d8376f2e03 46d
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