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In message , at 10:31:27 on Sun, 19 May
2019, Recliner remarked: Uber may be forced to levy VAT on its fares, with a potentially huge retrospective bill. https://www.thetimes.co.uk/article/p...ikes-after-ube r-accused-of-taking-taxman-for-1bn-ride-vt8ht588w?shareToken=10f759b81ee 2f668f9176a2c196d3f65 Even if it turns out that individual drivers don't have to charge their passengers VAT, what about the bills (for use of the platform) from Uber to the drivers?[1] Although if those turned out to be taxable, it's only Uber that would stand the retrospective loss. Future commission rates (and hence fares for users) would likely rise though. Would it mitigate that (a little anyway) if Uber decided to base itself in Luxembourg like some other online platforms do? [1] Or is that what they refer to as "gross bookings"? -- Roland Perry |
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