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Bolt's UK tax tribunal win could prove good news for Uber

A significant victory for Estonian ride-hailing and food delivery startup Bolt against Britain s tax authority last week could prove to be positive news for its rival Uber.. ....

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Uber: Food delivery startup Bolt's UK tax tribunal win could be good for Uber

Bolt took on HM Revenue and Customs (HMRC) over whether it was liable to pay a 20% tax charge on its gross income from customers or its margin. The company had argued it should be allowed to use a tax scheme originally designed for tour operators or travel agents. ....

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Bolt's UK tax tribunal win could prove good news for Uber, Auto News, ET Auto

Uber: But a London tax tribunal ruled on Friday that the services supplied by Bolt are "services of a kind . commonly provided by tour operators or travel agents", meaning Bolt only has to pay VAT on its margin. ....

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London tax ruling could have positive implications for Uber Technologies in the UK

London tax ruling could have positive implications for Uber Technologies in the UK
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