For a cabbie, the taxi is the driver’s workplace, principal earning asset and, in many cases, largest business commitment after housing. Choosing how to acquire it therefore deserves more attention than comparing monthly payments. Rental, hire purchase, other finance and outright ownership place costs and risks in different parts of the vehicle’s working life. Rental usually offers the easiest entry into the market as the driver avoids a substantial purchase price and may rec

Bolt has been refused permission to appeal to the Supreme Court in its long-running dispute with HM Revenue and Customs over how it calculates VAT on passenger journeys. The decision follows HMRC’s successful appeal in June, when the Court of Appeal overturned earlier rulings in Bolt’s favour. The tax authority had challenged the company’s use of the Tour Operators’ Margin Scheme (TOMS), under which VAT is paid on an operator’s margin rather than the full fare. The dispute co

Image credit: Aviation Policing at Heathrow A man described by Metropolitan Police aviation officers as a “known taxi tout” has been convicted of offences linked to touting at Heathrow Airport and disqualified from driving for six months. The man named by Aviation Policing at Heathrow as Khalid Sood has been found guilty at court following offences connected with taxi touting at Heathrow Airport. Police said Sood was known to frequent the airport and had been convicted of tou