VAT, Private Hire and HMRC’s Consultation: Legal Certainty Still Absent
HMRC’s recent consultation response on the VAT treatment of private hire services, published alongside the Budget, represents a significant development in the ongoing attempt to define VAT liability within the sector. However, while the response addresses the position of large ride-hailing platforms, it leaves unresolved — and in some respects unexamined — the position of […]
HMRC’s VAT Consultation: A Policy Built for Platforms, Not the Private Hire Trade
The Government’s recent Budget and HMRC consultation on VAT and private hire services has sent a clear message to the largest ride-hailing platforms — but a far less clear one to the rest of the industry. By removing access to the Tour Operators’ Margin Scheme (TOMS) for ride-hailers such as Uber and Bolt, HMRC has […]
The Evolving Role of Payment Systems in Passenger Transport: A VAT Perspective
I’m trying not to make this an advertorial, but I am excited. This month I have been looking at how many of my clients use their payment technology, and how it can be supercharged and answer some of the problems operators have with the transparency of the movement of OPM (other people’s money such as […]