- UK ride-hailing services must apply VAT to the full fare of journeys starting January 2, 2026.
- Private hire and taxi journeys will be excluded from the Tour Operators’ Margin Scheme unless part of specific travel services.
- Previously, VAT was only charged on the margin, not the full fare, for these services.
Source: news.bloombergtax.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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