About value-added tax (VAT)
Turo is required to collect value-added tax (VAT) from hosts for trips taken in all vehicles listed in the United Kingdom. If your vehicle is listed in the United Kingdom and is booked by any guest from anywhere in or outside of the UK, you’ll incur this tax.
VAT is calculated at a standard 20% of the Turo fee (Turo’s take rate of the earnings). Turo takes 35% or 25% for trips booked with the 65 plan or 75 plan, respectively, and 20% for Commercial Host trips of the following:
- Trip price (your vehicle’s listed rate multiplied by the trip length, minus discounts)
- Delivery fee
- Additional distance charges
- Additional usage fees
- Late fees
Host earnings statement
VAT will appear as a separate line item on your Trip receipt for each transaction. If you submit a reimbursement request for additional distance, the tax applied to this payment amount will show as a separate line item on the receipt.