Rival taxi operators will not face a 20% tax charge on their profit margins outside London

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Uber’s rival taxi operators will not have to pay 20% VAT on their profits outside London after a UK supreme court verdict in a long-running case.

The court ruled that private-hire operators do not enter into a contract with passengers, dismissing an Uber appeal. Private-hire firms declared the verdict to be a “triumph for the sector” after a three-year legal battle, which they had said could end with fares rising sharply for passengers.

Source: Guardian - World News