Skip to content
Search

Latest Stories

Uber wins London court ruling over tax on rival apps

Ride-hailing apps have to pay value added tax at 20 per cent on what they make from each trip

Uber wins London court ruling over tax on rival apps

UBER on Friday (28) won a ruling from London's High Court that other ride-hailing apps should also face a 20 per cent tax charge on their profit margins.

The company brought the case following a 2021 decision by the UK's Supreme Court, which ruled that Uber drivers were workers, which had an impact on the company's tax and other obligations.

In a bid to level the playing field with competitors, Uber took legal action and asked the High Court to rule that private-hire taxi operators enter into a contract with passengers.

That would mean ride-hailing apps have to pay value added tax (VAT) at 20 per cent on what they make from each trip.

Judge Alison Foster ruled on Friday that companies with a private-hire vehicle operator's licence do enter into such a contract with their passengers.

An Uber spokesperson said in a statement that the ruling "resolves a major inconsistency in the way that rules have been applied for private hire operators across England and Wales".

"Whilst it clarifies many key points, there remain questions on VAT and what passengers should pay," they added.

(Reuters)

More For You

Bank of England

The announcement from the Bank of England followed Donald Trump’s announcement of a trade agreement with Britain.

Reuters

Bank of England cuts interest rate to 4.25 per cent

THE BANK OF ENGLAND on Thursday cut its key interest rate by a quarter point to 4.25 per cent, citing concerns over slowing economic growth due to US tariffs.

This was the central bank’s fourth interest rate cut in nine months and had been widely expected by markets. The move comes in contrast to the US Federal Reserve, which decided on Wednesday to keep borrowing costs unchanged.

Keep ReadingShow less
Keir-Starmer-Getty

'Our India trade deal ... is good for British jobs. The criticism on the double taxation is incoherent nonsense,' Starmer said. (Photo: Getty Images)

Getty Images

Starmer rejects claims of favouring Indian workers in trade deal

PRIME MINISTER Keir Starmer on Wednesday dismissed criticism that the government had sold out British workers by offering tax exemptions to some Indian workers as part of the new free trade agreement with India. He called the claims “incoherent nonsense”.

The trade deal, announced on Tuesday, includes tariff reductions on British imports to India and allows some short-term Indian workers to be exempt from paying into Britain’s social security system for up to three years. The exemption is part of the Double Contributions Convention (DCC) and also applies to British workers in India.

Keep ReadingShow less
Direct flights will link Gatwick to Uganda

Lord Collins of Highbury and Nimisha Madhvani with other officials at the launch of the UK-Uganda Growth Dialogue in Kampala

Direct flights will link Gatwick to Uganda from May 18

LORD COLLINS of Highbury, the minister for Africa, concluded a two-day visit to Uganda last month, reaffirming the UK’s commitment to sustainable development, inclusive partnerships and mutual economic growth.

During the visit (April 3–4), the minister was welcomed by president Yoweri Museveni at State House.

Keep ReadingShow less
Brightsun Travel wins King’s Award for Enterprise in International Trade

Staff at Brightsun Travel, which won the King’s Award for Enterprise in International Trade

Brightsun Travel wins King’s Award for Enterprise in International Trade

A LEADING UK-based travel service provider has won the King’s Award for Enterprise for International Trade, a prestigious business honour.

Brightsun Travel recorded high turnover in the past three years despite the challenging business climate and disruption in the aftermath of the pandemic

Keep ReadingShow less
FTA ‘will elevate India to be Britain’s most trusted partner’

Sir Keir Starmer and Narendra Modi during their meeting in November 2024

FTA ‘will elevate India to be Britain’s most trusted partner’

WHAT does the Free Trade Agreement (FTA), welcomed on Tuesday (6) by the British and Indian prime ministers, Sir Keir Starmer and Narendra Modi, mean for Eastern Eye readers?

The FTA certainly opens up many more opportunities for British Indian businessmen (and women).

Keep ReadingShow less