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Last Updated : Oct 11, 2019 03:54 PM IST | Source: Reuters

Uber faces UK tax challenge

The U.S. ride-sharing company says its could face 20 percent VAT on gross booking fees - the amount passengers pay -- or on its service fees charged to drivers.


Uber Technologies Inc says the UK is seeking to classify the company as a transportation provider, potentially opening it up to new tax charges that could hamper its business, according to UK accounts filings in recent days.

The U.S. ride-sharing company says its could face 20 percent VAT on gross booking fees - the amount passengers pay -- or on its service fees charged to drivers.

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First Published on Oct 11, 2019 03:48 pm
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