Marcos Conci’s Post

[Leading by example: A case of protectionism and regulatory market guidelines.] Brazil's decision to fine Uber 1 million reflects the government's commitment to enforcing local regulations and ensuring fair competition in the transportation industry. The move comes as a response to concerns that Uber was not adhering to certain national laws, potentially giving it an unfair advantage over traditional taxi services. By imposing this fine, Brazil aims to level the playing field, promote compliance with local regulations, and create a more equitable environment for all transportation providers. Furthermore, this decision underscores the importance of upholding national laws and regulations to maintain safety and quality standards within the ride-sharing sector. By holding Uber accountable for any violations, Brazil is sending a strong message that all companies operating within its borders must adhere to established legal frameworks to ensure the well-being of both consumers and the broader transportation industry.

Inconsistencies in the VAT treatment of taxi fares are soon to be ironed out – or are they? In his 2023 Autumn Statement, the Chancellor announced a consultation on the impacts of the July 2023 High Court ruling in Uber Britannia Ltd v Sefton MBC on the VAT treatment of Private Hire Vehicles. To understand what this means, and why it matters if you’re a taxi operator (or indeed, a taxi user), we need to go back to 2021... Read our latest blog to find out more... https://sowo.kr/j1pU4C8v #VAT #Uber #TaxiTroubles

Inconsistencies in the VAT treatment of taxi fares are soon to be ironed out – or are they? In his 2023 Autumn Statement, the Chancellor announced a consultation on the impacts of the July 2023 High Court ruling in Uber Britannia Ltd v Sefton MBC on the VAT treatment of Private Hire Vehicles. To understand what this means, and why it matters if you’re a taxi operator (or indeed, a taxi user), we need to go back to 2021... Read our latest blog to find out more... https://sowo.kr/zMAn7FFk #VAT #Uber #TaxiTroubles

🚪🔑 Understanding Leave and License Agreements in India 🔑🚪 Navigating property agreements can be tricky, especially for those new to it. One critical document everyone should be familiar with is the Leave and License Agreement, governed by the Indian Easement Act, 1882. This type of agreement is particularly significant for students, professionals, and anyone needing temporary accommodation. 🔍 Why is it important? Clear Terms: Defines the rights and responsibilities of both the property owner (Licensor) and the occupant (Licensee). Temporary Use: Perfect for short-term stays, ensuring no tenancy rights are transferred. Flexibility: Easily revocable, offering convenience for both parties. 📄 Key Highlights of a Leave and License Agreement: Grant of License: Specifies the use of the property and its duration. Payment Terms: Details the monthly fee, payment methods, and penalties for late payments. Maintenance Responsibilities: Outlines who is responsible for maintaining the property. Permitted Use: Clarifies the allowed usage of the premises. Termination Clauses: Defines the conditions under which the agreement can be terminated. For those looking to understand or draft their own Leave and License Agreement, I've shared a comprehensive template that covers all essential aspects. This template ensures clarity and protects the interests of both parties. 💡 Pro Tip: Always ensure your agreement is well-drafted and legally sound to avoid future disputes. Consulting with a legal professional is highly recommended. 📥 Download the Leave and License Agreement Draft Let's make property agreements straightforward and hassle-free! #LegalInsights #PropertyManagement #RealEstate #LeaveAndLicense #EasementAct #LegalDrafting #IndiaRealEstate #LegalTemplate Bhumi Agarwal

🚖 Can you claim VAT on your Uber rides? 🚕 In 2022 HMRC decided Uber was the PRINCIPAL and not the AGENT in the transaction, meaning it is liable to bucketloads of VAT to HMRC. 😬😬 That means Uber is charging you VAT on your ride, yes? 🤔 NO ❌ NO ❌ NO ❌ Uber is currently operating the rides under a scheme that is usually reserved for companies offering packaged holidays 👀, Tour Operators Margin Scheme. Under this scheme, no VAT is charged to the end consumer. So if you are running a VAT-registered business 👏🏼 and you are claiming VAT on Uber Rides 😳, stop 🛑, there is no VAT to claim. (HMRC is pursuing Uber for £386m, and is also challenging the use of the TOMS model).

Inconsistencies in the VAT treatment of taxi fares are soon to be ironed out – or are they? In his 2023 Autumn Statement, the Chancellor announced a consultation on the impacts of the July 2023 High Court ruling in Uber Britannia Ltd v Sefton MBC on the VAT treatment of Private Hire Vehicles. To understand what this means, and why it matters if you’re a taxi operator (or indeed, a taxi user), we need to go back to 2021... Read our latest blog to find out more... https://sowo.kr/eRTrVXGX #VAT #Uber #TaxiTroubles

Like many in my LinkedIn network, this week not only represents the 1st week back from a well earned festive rest (Happy New Year! btw) but is also an opportunity to catch up on developments whilst we have been "away from the office" with family and friends. It seems the French have been very busy over the festive break with a number of key developments and updates to their e-invoicing plans. Firstly, the revised timetable for the implementation of B2B e-invoicing has now been formally confirmed as follows: - 1 September 2026 - All companies must be able to receive e-invoices (subject to VAT); - 1 September 2026 - Large, Medium Sized companies, and VAT Groups (members included) must issue e-invoices (subject to VAT); - 1 September 2027 - Small companies must issue e-invoices (subject to VAT). We are still waiting for official updates regarding the pilot timetable (but expect this to be some time in 2025).  The external specifications for e-invoicing were also published in English (see attached link). The new timetable may seem a long way away but it also brings the go-live to the same timeframe as a number of other European countries. This will no doubt add to the amount of work many multi nationals will need to undertake and significantly increases the level of organisational change required to comply with the different go-lives anticipated. Planning is going to be essential as is the creation of a scalable platform to handle multi-country compliance. A long way of saying, my advice is that planning work needs to continue through 2024. #EY, #einvoicing, #transformation alain guerineau, Hossem Azizi, Fatima Chadli, Isabel Row, Pierre Arman, Ramy Rayan

A recent High Court ruling involving Uber, Sefton Council and Delta Taxis could lead to the imposition of VAT on private hire journeys which until now have been free of VAT. This could be the biggest single increase in the VAT burden since 2010 when the standard rate of VAT increased from 15% to 17.5%. It may also disproportionately affect those least able to shoulder the burden, such as cab fares paid for GP and hospital appointments for those unable to take public transport and food shopping for those who cannot afford a car.   Find out how this could affect taxi firms and consumers across the North West region in our latest insight. https://lnkd.in/eaihCHKd

🚖 Did you know? The VAT treatment of private hire vehicles is undergoing significant changes. Traditionally, self-employed drivers below the VAT threshold didn't charge VAT. However, recent rulings have complicated this. In July 2023, the High Court ruled that Uber must act as a principal in contracts with its drivers, meaning Uber must charge VAT on the full fare. This sets a precedent affecting all private hire operators, who may now have to follow the same VAT treatment. Uber is advocating for a consistent 20% VAT obligation across all operators to level the playing field. While this could standardise VAT obligations, it might also increase costs for smaller operators. The industry is currently awaiting further clarification from HMRC, with consultations set to address these issues following recent rulings and appeals.

Inconsistencies in the VAT treatment of taxi fares are soon to be ironed out – or are they? In his 2023 Autumn Statement, the Chancellor announced a consultation on the impacts of the July 2023 High Court ruling in Uber Britannia Ltd v Sefton MBC on the VAT treatment of Private Hire Vehicles. To understand what this means, and why it matters if you’re a taxi operator (or indeed, a taxi user), we need to go back to 2021... Read our latest blog to find out more... https://sowo.kr/fvMlmmyN #VAT #Uber #TaxiTroubles