Rachel Reeves Faces Industry Revolt over Looming 20% VAT Taxi Tax Threat

Rachel Reeves issued urgent tax warning as Budget VAT hike would hit elderly and rural Britons hardest

Dozens of taxi companies have called on Chancellor Rachel Reeves to avoid introducing a damaging tax in the Autumn Budget that could threaten thousands of jobs

Rachel Reeves faces industry revolt over looming 20% VAT taxi tax threat

In an open letter, 59 private hire operators from across the UK warn Rachel Reeves about applying a flat 20% VAT to all private hire vehicle (PHV) fares.

Taxi and Private Hire Firms Back Open Letter on 'Taxi Tax' Ahead of Budget

Veezu has joined 58 other private hire operators in calling on Chancellor Rachel Reeves to confirm that private hire journeys will not be subject to a 20% VAT rate in the Autumn Budget. The measure, referred to across the industry as the “Taxi Tax”, is expected to be addressed on 26 November. Operators warn that applying a blanket VAT rate of at least 20% on all private hire vehicle (PHV) fares would increase costs for millions of passengers, re…

URGENT CLARITY: 59 PHV firms send open letter to Chancellor calling for 20% ‘Taxi Tax’ to be RULED OUT ahead of Autumn Budget

Private hire vehicle (PHV) operators across the UK have issued a joint warning to the Chancellor ahead of this month’s Autumn Budget, calling for urgent clarity on VAT rules that could reshape the future of local transport. In an open letter signed by 59 private hire and taxi businesses, operators have urged the Government to rule out applying a full 20% VAT rate on private hire journeys. The signatories argue that such a move, also described as…

Mulberry chief urges Labour to scrap ‘unfair’ tourist tax as luxury sector reels from spending slump

The head of British luxury brand Mulberry has called on the government to reinstate VAT-free shopping for international tourists, warning that the “unfair” tax burden is stifling investment and driving wealthy shoppers away from the UK. Chief executive Andrea Baldo said the move would help revitalise Britain’s luxury and retail sectors — which have been hit hard by declining visitor spending since the 2021 abolition of the VAT rebate for oversea…