UK ride-hailing companies could qualify for special VAT status under tour operators’ margin scheme ...Middle East

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UK ride-hailing companies could qualify for special VAT status under tour operators’ margin scheme
Providers of ride hailing services in the UK may now utilise a niche value added tax (VAT) treatment known as the tour operators’ margin scheme (TOMS), as a recent Upper Tribunal ruling has confirmed that these businesses could fall within the scope of the scheme.

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