Re: Careful there...
Über pay their drivers in London £5 per hour rather than the minimum wage of £7.20 (£7.50 from 1st April), they don't pay Employer NI (13.8% or £1 per hour) or VAT (20%). Driver expenses work out at about £2.40 per hour, Über charge around 30% commission, so about £10.50 per hour in total, and VAT on that should be about £1.75.
This is about £5.25 per hour they are avoiding by breaking tax and minimum wage laws, which is more than the margin they are currently making, and that is why they are so cheap.
Biting the hand that feeds IT
