mandag den 31. oktober 2016

The Uber judgement is nonsense

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MARKET REPORT
Monday 31 October 2016
Dear Gutenberg,

Today, we've had will-he-won't-he stories going back and forth about Mark Carney's future. Teresa May backed him this morning to servce out his full term and yet rumours of an iminent resignation continued to circle and we had no announcement as he left Downing Street this afternoon. We at Master Investor (and many others in the broader investment community) hope for a significant shift in monetary policy, so we will be keeping a close eye on the matter as it proceeds. The latest rumblings say to check the news at 6pm.
The Uber judgment is nonsense
by Evil Knievil | Evil Diaries | 3 mins. to read
Uber
I was surprised by the Uber judgement. After all, the taxi drivers put up their own capital and work their own hours. So I asked a longstanding tax expert whom I know. His reply is instructive:

"The UBER judgment is nonsense unless, which is not improbable, our trendy and light-on-law modern day judiciary decide to change the notion of a contract of service for political reasons. Employment used to imply a post with a regular place of work, regular hours etc.

Of course, I have not read the UBER contract and it may be that it is clumsy. I would have thought the best way they could have approached the matter is to licence drivers to use their software and to pay fees based on revenue. This would not amount to a contract of service.

 
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