UK Tribunal Pauses Uber VAT Appeal Until Bolt Case Resolution, Impacting Billions in Tax Revenue

• The UK First-Tier Tribunal (FTT) has paused Uber’s VAT appeal until the outcome of the similar Bolt case is finalized.
• Uber’s appeal concerns a GBP 1.446 billion VAT assessment by HMRC, which Uber wants repaid following Bolt’s initial legal success.
• The FTT found no financial hardship for Uber and prioritized HMRC’s interest in safeguarding revenue while the Bolt case is unresolved.
• The stay on Uber’s appeal will last until 35 days after the Bolt case is fully resolved at all appeal levels.
• The outcomes of the Bolt and Uber cases could set a major precedent and potentially bring billions into the UK budget.

Source: vatabout.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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