- Uber is in a dispute with HM Revenue & Customs over a £1 billion VAT bill
- The company believes VAT should be based on profits, not turnover
- Uber has paid £951 million in VAT and is seeking a refund
- The company recorded a turnover of £5.3 billion in the UK last year
Source: thetimes.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.
Latest Posts in "United Kingdom"
- Keir Starmer Faces Criticism for Not Ruling Out VAT Increase Amid £30bn Financial Gap
- ICS2 Implementation Delayed: Businesses Can Use ICSNI for ENS Declarations Until December 2025
- First-tier Tribunal Rules Nitrous Oxide Not Zero-rated for VAT as Food Ingredient
- Understanding HMRC’s GfC14: Tax Reliefs and Compliance in Freeports and Free Zones
- UK Chancellor Considers Adjusting VAT Nil-Rate and 5% Rate for 2025 Budget Funding
