This Call for Evidence seeks stakeholder views on the government’s assessment of the VAT challenges created by the Sharing Economy.
A number of sharing economy platforms seem to take on many of the jobs of a traditional principal without taking on the related VAT liability. That is because the underlying service provider supplies the ultimate consumer. “This gives rise to the question of the extent to which the digital platforms benefit from an unintended competitive advantage over many traditional, VAT-registered businesses which must charge VAT on their supplies”. Comments will be accepted through March 3, 2021.
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