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Story summary
- Ride-hailing fares in Britain could rise up to 20% due to a VAT overhaul taking effect January 2, 2026.
- The change removes private hire and taxi services from the Tour Operators' Margin Scheme.
- VAT will be charged on the full fare rather than the operator's margin.
- Experts warn the higher costs will disproportionately affect young workers, families, and rural communities relying on these services.
