The UK government has published a call for evidence on the “VAT challenges of the sharing economy” and the issues it identifies for the UK tax base. Any digital platform which facilitates the supply of services between two or more unconnected parties, where those services do not involve any transfers in the ownership of tangible or intangible property would be in scope. Examples given are individuals hiring out their labour or renting out their assets, in return for consideration (whether monetary or non-monetary).
Source: dlapiper.com
Latest Posts in "United Kingdom"
- FINTUA Global VAT Guide for September 2025
- UK Supreme Court Rules VAT Applicable on Success Fees After Exit from VAT Group
- JPMorgan Chase Bank NA v HMRC: VAT Dispute on Intra-group Service Taxability, Appeal Dismissed
- UK Considers VAT Cut on Domestic Fuel: Targeted Relief or Broad Measure?
- Supreme Court Clarifies VAT Grouping and Time of Supply Rules in Prudential Assurance Case
