- ICAEW’s Tax Faculty rejects VAT changes for private hire vehicles
- Government asked for views on actions to limit impact of recent High Court judgements involving Uber on PHV sector
- ICAEW believes recent Court of Appeal decision alters context of government’s consultation
- ICAEW does not support amending PHV legislation solely to address VAT issues
- ICAEW advises against creating a ‘legal fiction’ for VAT purposes for PHV operators
- ICAEW has reservations about proposed options of introducing reduced/zero rate for services or sector-specific margin scheme
- ICAEW recommends exploring targeted interventions to support vulnerable consumers, such as more support for community transport schemes and expanding eligibility for disabled person’s bus passes
Source: icaew.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.