Ex Cabinet ministers demand Jeremy Hunt ditch 'taxi tax' by spring Budget to 'protect jobs and livelihoods' | 4174FWM | 2024-02-09 12:08:01
Senior Tories need the Chancellor to abandon
FORMER Cabinet ministers are lining up to demand Jeremy Hunt ditch the "taxi tax" by subsequent month's Finances.
Senior Tories need the Chancellor to abandon the 20 per cent levy to guard the cab business and passengers who depend on personal rent journeys.
Sir Jacob Rees-Mogg and Sir Robert Buckland are amongst Tory grandees pushing Mr Hunt to additionally shield the taxi business from the hike.
A complete of 26 Tory MPs say it can assist "shield jobs and livelihoods".
They add: "This isn't the time to kick the can down the street."
One insider stated: "Stopping the tax is an opportunity for the government to point out it's delicate to the pressures on shoppers and businesses."
They say the tax would hit those that can't afford a automotive, such as the elderly — and claim that journeys to hospitality venues would drop by a 3rd.
A High Court judgement, following a authorized battle with Uber, means taxi companies are answerable for charging VAT on the fares to the fury of campaigners.
Calls are being made for the Treasury to publish their planned consultation on the subject after which abandon the 'taxi tax' by the Finances on March 6.
A Treasury spokesman stated: "The Excessive Courtroom ruling doesn't change the tax place, it remains the case that fares are liable to VAT at the standard price.
"Nevertheless we're contemplating rigorously the implications of the Excessive Courtroom ruling including the challenges it raises, and we goal to publish a consultation shortly."
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