- Bolt Services UK Limited should account for VAT under the Tour Operators’ Margin Scheme (TOMS) on the supply of ride-hailing services
- The First-tier Tribunal (FTT) considered whether the supply fell within TOMS and if it was a service commonly provided by travel agents/tour operators
- Bolt argued that the services commonly provided by travel agents/tour operators were evolving with the travel industry and technology
- HMRC argued that Bolt is not a tour operator/travel agent and its supplies are not commonly provided by them
- The FTT held that the supply is a service commonly provided by tour operators/travel agents
- Bolt’s appeal was allowed.
Source: taxscape.deloitte.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.
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