Irish Taxi Forum
Public Area => Taxi Talk => Topic started by: John m on November 25, 2023, 10:50:44 am
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Dear Driver Partners,
We are reaching out to update you on the DAC7 reporting requirements set by the EU. This email will explain the changes, their impact on platforms like FREENOW, and any actions you might need to take.
Understanding DAC7
As you may already know, DAC7 is a European Union directive requiring digital platforms, including FREENOW, to report the earnings of their users to tax authorities. Starting from 2023, all income generated through platforms like ours must be communicated to tax authorities by January 2024. This reporting cycle will recur annually. FREENOW, like other digital platforms, is required to disclose specific details to comply with this regulation, which applies to a variety of sectors. Details of data to be shared can be found here on the Revenue website.
What Do Drivers Need To Do for DAC 7?
We will contact you in advance if we are missing any of the required information.
Important note about VAT
Good news, the commission that you pay to FREENOW already incorporates Irish VAT, which FREENOW remits directly to Revenue. Therefore, you do not need to worry about accounting for VAT on your FREENOW commission. There will be no impact on your FREENOW earnings as a result of these reporting requirements.
However, if you're using other apps or platforms, it's crucial to check how VAT is handled, especially if those platforms invoice from outside Ireland. This is sometimes referred to as “Reverse charge”. If this is the case, you may be obliged to register for VAT and pay VAT at a rate of 23%, which is chargeable on any commission paid to that platform. It's important to understand your VAT obligations to avoid potential fines and interest penalties.*
If you have any questions regarding DAC7 with FREENOW, please feel free to reach out to us, we are here to help.
The FREENOW Team
IN THE TAXI REVIEW You were told that the Taxi Regulator wanted EVERY Driver linked to a dispatcher and every driver to accept card payments .
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Drivers are not liable for vat on earnings . The apps are liable for vat on their commissions . That FN release is reverse psych to get drivers to use their app as they`re "looking after" the drivers interest.
However all app earnings will now be accessible by revenue I`m guessing. Rats might have a more informed take.
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Drivers are not liable for vat on earnings . The apps are liable for vat on their commissions . That FN release is reverse psych to get drivers to use their app as they`re "looking after" the drivers interest.
However all app earnings will now be accessible by revenue I`m guessing. Rats might have a more informed take.
Exactly. We don't charge VAT therefore can't claim it back.
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(https://i.postimg.cc/fb9N9Yxq/20231125-151351.jpg) (https://postimg.cc/wtgZKy4D)
I started working today at 13.07...without fucknow after they banned me ....I don't normally go inta town to find work but i taut ide giv it a go .....2 hours later this is me earnings ...1 bolt job 1 uber an the rest street hails in ......
Me earnings are actually up an I'm payin less commission....
Plenty of street work in town
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Dear Driver Partners,
We are reaching out to update you on the DAC7 reporting requirements set by the EU. This email will explain the changes, their impact on platforms like FREENOW, and any actions you might need to take.
Understanding DAC7
As you may already know, DAC7 is a European Union directive requiring digital platforms, including FREENOW, to report the earnings of their users to tax authorities. Starting from 2023, all income generated through platforms like ours must be communicated to tax authorities by January 2024. This reporting cycle will recur annually. FREENOW, like other digital platforms, is required to disclose specific details to comply with this regulation, which applies to a variety of sectors. Details of data to be shared can be found here on the Revenue website.
What Do Drivers Need To Do for DAC 7?
We will contact you in advance if we are missing any of the required information.
Important note about VAT
Good news, the commission that you pay to FREENOW already incorporates Irish VAT, which FREENOW remits directly to Revenue. Therefore, you do not need to worry about accounting for VAT on your FREENOW commission. There will be no impact on your FREENOW earnings as a result of these reporting requirements.
However, if you're using other apps or platforms, it's crucial to check how VAT is handled, especially if those platforms invoice from outside Ireland. This is sometimes referred to as “Reverse charge”. If this is the case, you may be obliged to register for VAT and pay VAT at a rate of 23%, which is chargeable on any commission paid to that platform. It's important to understand your VAT obligations to avoid potential fines and interest penalties.*
If you have any questions regarding DAC7 with FREENOW, please feel free to reach out to us, we are here to help.
The FREENOW Team
IN THE TAXI REVIEW You were told that the Taxi Regulator wanted EVERY Driver linked to a dispatcher and every driver to accept card payments .
That is old news, Bolt told us all that about a year ago.
Dear partner,
From 2024, we’re required to share certain taxpayer details, including Bolt partners’ Tax Identification Numbers (TINs) and annual earnings, with the relevant tax authorities. This also retrospectively applies to income earned on the Bolt platform in 2023.
We’re taking these steps as part of recent EU measures regarding data collection, verification, and sharing obligations resulting from the Council Directive (EU) 2021/514 (the so-called DAC7).
The new process is mandatory for all ride-hailing and other platforms, including the Bolt platform.
If you fail to share any of the required information with us, we’ll be forced to suspend your account, prevent re-registration. and withhold passenger payments.
We’re updating our Terms and Conditions to accommodate these new requirements. We’re also updating our Privacy Notice to improve transparency and provide information about data sharing with tax authorities.
If you have any questions, please contact our support team through the app or send us an email at ireland-driver@bolt-drivers.com.
Best regards, The Bolt team
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..... However all app earnings will now be accessible by revenue I`m guessing. ....
Indeed they are and now from 2023 on without the need fer a court order, all Taxi app incomes will be on the revenues table.
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Sure we knew Revenue could access them through whatever means available to them and any dozy cunt that didn't or doesn't know that deserves an audit!!
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Sure we knew Revenue could access them through whatever means available to them and any dozy cunt that didn't or doesn't know that deserves an audit!!
Hal its the Internet of things ,everything is connected to everything .your PPSI Number follows you everywhere .You pay by card buy smokes or Gargle and that information is sold to Insurance companies .If your outgoings are greater than your earnings a letter from revenue will be generated by AI .George Orwell is now a Prophet not a Socialist Nutter .I haven't listened to it .But Imagine the Beatles were Number 1 with a tune made in a Laptop by some person who never knew the Beatles ever existed .Our world is finished .
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Sure we knew Revenue could access them through whatever means available to them and any dozy cunt that didn't or doesn't know that deserves an audit!!
The 'Change' Hal is that pre 2023 revenue needed a court order to access your App jobs, now they can see them all on-screen in front of them and pick as they please which ones that they should audit.
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I don't think it makes much difference.Having talked to a driver that was audited years ago they came into his gaff and spend a lot of time asking questions and going through bank accounts.All the app work has to be paid into an account somewhere.The aren't stupid either so they'll know all the ways people have tried to hide income in the past.
My plan is to apologise at the beginning to the tax man and show them my NCT certs proving how little I actually work.Then I'll give all the details of all yous high rollers and tell them to check under yer mattresses..
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I don't think it makes much difference.Having talked to a driver that was audited years ago they came into his gaff and spend a lot of time asking questions and going through bank accounts.All the app work has to be paid into an account somewhere.The aren't stupid either so they'll know all the ways people have tried to hide income in the past.
My plan is to apologise at the beginning to the tax man and show them my NCT certs proving how little I actually work.Then I'll give all the details of all yous high rollers and tell them to check under yer mattresses..
Don't mention the multiple cruises and the new car if at all possible! 8)
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Like the rest of yis I'm fairly straight with the revenue anyway.Cash work has almost disappeared.
With everything recorded on the credit and debit cards it's quite difficult to hide income.You can't buy a big holiday or a car with cash without getting noticed.Even in certain bars now you'd get a funny look when paying with cash.Never thought I'd see it happen so quickly.
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Like the rest of yis I'm fairly straight with the revenue anyway.Cash work has almost disappeared.
With everything recorded on the credit and debit cards it's quite difficult to hide income.You can't buy a big holiday or a car with cash without getting noticed.Even in certain bars now you'd get a funny look when paying with cash.Never thought I'd see it happen so quickly.
I saw the 3arena selling itself as a cashless venue. I don't go simply because I'm Potless.
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It's all a loada bollocks.
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It's all a loada bollocks.
I wouldn't agree DMG, if mr taxman see's your tax return as a derisory monkee and your app earnings as over 25k, then he will be a knocking on your door !
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FFS
You would think we were making thousands.
Are ye all going to the Bahamas for the crimbo with pockets full of cash.
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FFS
You would think we were making thousands.
Are ye all going to the Bahamas for the crimbo with pockets full of cash.
Did you read the original post .The regulator wants us to take Card and be associated with a dispatcher .Now all anybody on here saw was the tax man .Let me explain for those of you that are SLOW to Learn .Who pays the Dispatcher Who pays the Card Fees ? OFF Street Ranking was also mentioned eg Dublin Airport .Now who pays the Parking for off Street Ranking .Did any of you understand the Review .Its written in plain English .
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I don’t have any problem with taxis affiliated to a base.
A lot of drivers are only good for taking people home.
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I don’t have any problem with taxis affiliated to a base.
A lot of drivers are only good for taking people home.
OK what other Business in told by the Regulator they want them to pay to work 15% to a base 1.7% to accept a card 1.50 per half hour to Rank off Street .THIS IS PRINTED IN BLACK AND WHITE IN THE TAXI REVIEW .Will they increase the Fares by 20% to cover the COSTS THEY WANT US TO PAY TO WORK .JESUS FUCKING WEPT you think its OK to HAVE TO PAY it wont be optional .
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The way dispatch firms are going in Cork is Pay Per Job.
Fi one job a week.
2 bucks
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I would assume that being registered with fn would count as being affliated with a base. Just because I'm registered with fn doesn't mean I have to do any work for them.
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I don’t think FN is a regarded as a base but could be wrong.
Cloud technology or something
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So they expect us to fork out 15% to apps AND pay a weekly base fee? Can't see that happening.
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OK what other Business in told by the Regulator they want them to pay to work 15% to a base 1.7% to accept a card 1.50 per half hour to Rank off Street .THIS IS PRINTED IN BLACK AND WHITE IN THE TAXI REVIEW .Will they increase the Fares by 20% to cover the COSTS THEY WANT US TO PAY TO WORK .JESUS FUCKING WEPT you think its OK to HAVE TO PAY it wont be optional .
We got a ~12% increase in the last fare review and part of that was some compo for us moving to card machines.
The fare review calculates the fare structure based on what an average taxi needs to work to get an average wage, bearing in mind costs etc. If our costs were to increase because of new regulations, they'd have to increase the fare as well. Otherwise, they'd risk drivers taking a fare increase into their own hands and illegally charging to make up the extra costs.
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It's all a loada bollocks.
I wouldn't agree DMG, if mr taxman see's your tax return as a derisory monkee and your app earnings as over 25k, then he will be a knocking on your door !
A jammer nua doesn't come free, or from doing the odd job from a supermarket rank.
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Why would fn not be regarded as a base anyway? There's no difference, documents wise, that's needed from a base that isn't required by fn. The only difference is a weekly freight. Are there any bases that only charge by the job, no commission and if so there'd be no difference.
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I don’t have any problem with taxis affiliated to a base.
A lot of drivers are only good for taking people home.
OK what other Business in told by the Regulator they want them to pay to work 15% to a base 1.7% to accept a card 1.50 per half hour to Rank off Street .THIS IS PRINTED IN BLACK AND WHITE IN THE TAXI REVIEW .Will they increase the Fares by 20% to cover the COSTS THEY WANT US TO PAY TO WORK .JESUS FUCKING WEPT you think its OK to HAVE TO PAY it wont be optional .
The OP is about your earnings being available to Revenue. It's not compulsory to be affiliated with an old-fashioned cab company OR a taxi app. It's at best desirable.
Think of all the pensioners working off App and off old-fashioned cab companies by working the street and supermarket ranks in order to avoid a digital footprint, which in turn affects their pensions.
Can you see them aligning with the rentiers?
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It's all a loada bollocks.
I wouldn't agree DMG, if mr taxman see's your tax return as a derisory monkee and your app earnings as over 25k, then he will be a knocking on your door !
A jammer nua doesn't come free, or from doing the odd job from a supermarket rank.
Huge "pay to play" expenses involved in this business,every score earned doesn't go straight into your pocket like a lot of punters think that it does.
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I don’t have any problem with taxis affiliated to a base.
A lot of drivers are only good for taking people home.
OK what other Business in told by the Regulator they want them to pay to work 15% to a base 1.7% to accept a card 1.50 per half hour to Rank off Street .THIS IS PRINTED IN BLACK AND WHITE IN THE TAXI REVIEW .Will they increase the Fares by 20% to cover the COSTS THEY WANT US TO PAY TO WORK .JESUS FUCKING WEPT you think its OK to HAVE TO PAY it wont be optional .
The OP is about your earnings being available to Revenue. It's not compulsory to be affiliated with an old-fashioned cab company OR a taxi app. It's at best desirable.
Think of all the pensioners working off App and off old-fashioned cab companies by working the street and supermarket ranks in order to avoid a digital footprint, which in turn affects their pensions.
Can you see them aligning with the rentiers?
READ THE LAST LINE I ADDED !
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I don’t have any problem with taxis affiliated to a base.
A lot of drivers are only good for taking people home.
OK what other Business in told by the Regulator they want them to pay to work 15% to a base 1.7% to accept a card 1.50 per half hour to Rank off Street .THIS IS PRINTED IN BLACK AND WHITE IN THE TAXI REVIEW .Will they increase the Fares by 20% to cover the COSTS THEY WANT US TO PAY TO WORK .JESUS FUCKING WEPT you think its OK to HAVE TO PAY it wont be optional .
The OP is about your earnings being available to Revenue. It's not compulsory to be affiliated with an old-fashioned cab company OR a taxi app. It's at best desirable.
Think of all the pensioners working off App and off old-fashioned cab companies by working the street and supermarket ranks in order to avoid a digital footprint, which in turn affects their pensions.
Can you see them aligning with the rentiers?
READ THE LAST LINE I ADDED !
Recent consumer research has shown an increase in taxi journeys originating at taxi ranks or being
hailed directly by customers as more and more drivers and customers return to the streets in the
15% 10% 11% 6% 9%
49% 54% 54% 60%
65%
10% 9% 11% 11%
8%
25% 26% 24% 24% 18%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
October 2020 March 2021 July 2021 October 2021 February 2022
Dispatch company only App provider only Both Neither
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evenings. This direct hail/rank practice does not attract the commission payable by drivers to a third
party app provider (10-15% of the fare), and so has its attractions for drivers when customers on street
are plentiful, such as in Dublin on a Saturday evening. Nor does a direct hail or taking from a rank
incur a booking charge of €2 to the customer.
Whilst NTA has statutory responsibility for regulating (licensing and enforcement) the SPSV industry,
taxi drivers are self-employed individuals and as such decide on their own business strategies within
the regulatory framework. Affiliation with a booking service provider or accepting work when so
affiliated is not regulated by NTA. As a result, NTA is limited in its ability to address demand issues
outside of incentivising drivers to operate during peak times.
Nothing the NTA can do about our business strategy.
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...... Nothing the NTA can do about our business strategy.
That about sums it up well, we as sole traders can pick and choose as we like when we work and IF we wish to pay freight fer work or not. As per the OP the only change is that from 2023 on mr taxman can now see all our app earnings without the need fer a court order.
Any other 'Fake news' of ''IF's'' and ''BUT's'' and ''WAIT TILL'' are just that 'Fake news'.
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Read the Act Ken .https://revisedacts.lawreform.ie/eli/2013/act/37/front/revised/en/html Now tell me what other Transport Provider is restricted by age to use THEIR VEHICLE IN THEIR BUSINESS ...Pray tell is there any other Business In Ireland that is obliged by LAW to accept or Provide Credit Card Services for THEIR Customers .Is there any other Worker in Ireland who by Law may be Observed by CCTV at their place of Work .All these LAWS apply to what you think are self employed Independent traders .We are indentured Slaves to the Licencing Authority Minister Kelly said WHEN I MET HIM WITH ROY in his office he wants us all aligned to a Dispatcher .All that will take is to add a line in your renewal .Off Street ranking is here In Dublin Airport Drivers have to pay to rank up for work .Everything that the Review wanted has come to pass .
The Review was /is the Blueprint that the Taxi Regulator works to .Do you think they paid Goodbody hundreds of thousands to write something they would ignore .
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Read the Act Ken .https://revisedacts.lawreform.ie/eli/2013/act/37/front/revised/en/html Now tell me what other Transport Provider is restricted by age to use THEIR VEHICLE IN THEIR BUSINESS ...Pray tell is there any other Business In Ireland that is obliged by LAW to accept or Provide Credit Card Services for THEIR Customers .Is there any other Worker in Ireland who by Law may be Observed by CCTV at their place of Work .All these LAWS apply to what you think are self employed Independent traders .We are indentured Slaves to the Licencing Authority Minister Kelly said WHEN I MET HIM WITH ROY in his office he wants us all aligned to a Dispatcher .All that will take is to add a line in your renewal .Off Street ranking is here In Dublin Airport Drivers have to pay to rank up for work .Everything that the Review wanted has come to pass .
The Review was /is the Blueprint that the Taxi Regulator works to .Do you think they paid Goodbody hundreds of thousands to write something they would ignore .
You met Alan "I'm going nowhere" Kelly with another driver. Kelly is out in the political wilderness, a bit like Clonadalkin! 8)
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He is going to Europe .There is a vacant seat in Munster .
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He is going to Europe .There is a vacant seat in Munster .
He should have hung on to his brother's coattails and got a job with TENEO:
No wait...
Teneo CEO Declan Kelly resigns after claims of drunken misconduct
This article is more than 2 years old
Co-founder of global public relations firm was accused of inappropriate behaviour at a charity concert
Rupert Neate
@RupertNeate
Tue 29 Jun 2021 19.02 CEST
The chairman and chief executive of global public relations and advisory firm Teneo has resigned after reports of drunken misconduct at a star-studded fundraising concert promoted by the Duke and Duchess of Sussex to raise money to supply coronavirus vaccines to developing countries.
Declan Kelly resigned from his Teneo positions “effective immediately” on Tuesday, days after he was accused of touching a number of women and men inappropriately and without their consent at the concert, which featured appearances by the Foo Fighters, Selena Gomez and Jennifer Lopez.
Kelly, an Irish former journalist turned public relations guru, said in a statement: “I made an inadvertent, public and embarrassing mistake for which I took full responsibility and apologised to those directly affected, as well as [to] my colleagues and clients.”
He claimed to have become victim of a smear campaign against Teneo, which bills itself as an adviser to chief executives and senior directors at many of the world’s leading companies, including a “significant number” of FTSE 100 and Fortune 500 companies.
“A campaign against the reputation of our firm has followed and may even continue in the coming days. However, regardless of the veracity of any such matters I do not want them to be an ongoing distraction to the running of our company,” he said.
After the allegations, first reported by the Financial Times, Kelly was removed from the board of Global Citizen, the charity that hosted the Vax Live coronavirus vaccine fundraising party at which the alleged misconduct took place. Global Citizen is chaired by Prince Harry and Meghan. The fundraiser was backed by Pope Francis and the US president, Joe Biden, who released messages of support at the event.
Teneo, which employs 1,250 staff working from 33 offices around the world and a roster of senior advisers including former British ministers Amber Rudd and William Hague, had started to lose high-profile clients as a result of the allegations.
Car giant General Motors pulled out of a $250,000-a-month contract with Teneo on Monday. Kelly, who worked directly with GM’s CEO, Mary Barra, focused on government relations and executive positioning, according to the Detroit Free Press. He has also served as an adviser to the heads of Coca-Cola, Dow, IBM and UBS.
Kelly’s official profile – removed from Teneo’s website on Tuesday – described him as a “trusted adviser to many of the world’s leading CEOs and corporations”.
Kelly was an adviser to Hillary Clinton on her first attempt at running to become US president, and she later appointed him US economic envoy to Northern Ireland. He is a brother of the Irish Labour party leader, Alan Kelly.
Teneo, which Kelly co-founded in 2011, said he would be replaced immediately by his fellow co-founder and chief operating officer, Paul Keary. The third co-founder, Doug Band, left the firm – which was valued at $700m following an investment from venture capital group CVC – earlier this year.
“We want to thank Declan for his leadership and dedication over the past ten years in building Teneo into the world’s pre-eminent CEO advisory firm,” Teneo said in a statement.
…