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A comment on HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat.

Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by tmikaeld on Wednesday August 02, 2023 @05:05AM (#36968647)
That's equivalent to their entire Q3 2023 net income, sounds like it's going to hurt at least a little bit.
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Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by samwillis on Wednesday August 02, 2023 @05:09AM (#36968667)
It looks like it's just one years worth of VAT they are going after (rather than all previous years), hence ~20% of a years net income...
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Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by lotsofpulp on Wednesday August 02, 2023 @05:23AM (#36968733)
Assuming they continue to earn net incomes like the most recent quarter. Which they just did for the first time ever.
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