Uber prices set to soar as ministers introduce VAT crackdown Prices on ride hailing apps like Uber are set to soar, after the government ploughed ahead with a promise to apply VAT to online mini cab companies despite warnings from the industry that the move would worsen the cost of living. From Friday, private hire vehicle operators in London will no longer be able to [...]
Cabbies spark new war against Uber on tax loophole Transport and infrastructure Cabbies have demanded Chancellor Racheel Reeves close a tax loophole used by Uber. Taxi drivers have written to the Chancellor asking her to make Uber pay the same level of VAT as black cabs, blaming lobbying efforts by the company for misleading the Treasury and the UK public on its perks. The Licensed Taxi Drivers’ [...]
Black cabs stand ready to compete with Uber, but not in a race to the bottom Opinion The London tax trade is a rigged market where app-based operators have enjoyed years of political indulgence while black cabs are subjected to an ever-tougher regulatory environment, says Mark White James Ford’s recent City AM column – ‘The London taxi trade is dying – and it’s not Uber’s fault’ – is less a diagnosis than [...]