Court of Appeal: HMRC v Bolt

Today the Court of Appeal handed down its judgement in HM Revenue & Customs v Bolt Services UK Limited [2026] EWCA Civ 720.  It concerned an appeal by HMRC against earlier decisions that the Tour Operators’ Margin Scheme (TOMS) covered mobile ride hailing services supplied by Bolt. Lady Justice Falk, finding in favour of HMRC, stated “…the Scheme does not apply to Bolt’s on-demand mini-cab services…” (at para. 60) and allowed the appeal.  Uncertainty over the final position however remains – pending confirmation of whether Bolt intends to appeal.