Driving is your job, not paperwork. Between fuel, insurance, licensing and long shifts, the last thing you want is to wrestle with HMRC. Most drivers either overpay tax because they miss expenses, or worry they have got it wrong.
We work with taxi and private hire drivers every day. We know exactly what you can claim, how the platforms report your income, and how to keep your records simple so your return is quick, accurate and stress free.
The tax challenges taxi and private hire drivers face
- Knowing which expenses you can claim and which you cannot
- Keeping fuel, mileage and maintenance records across long shifts
- Income now reported to HMRC directly by apps such as Uber and Bolt
- Working out payments on account and budgeting for the tax bill
- Deciding whether the mileage method or actual running costs works out better
What we help with
- Your Self Assessment return prepared and filed
- A full review of allowable driving expenses
- Mileage versus actual costs worked out for you
- Clear advice on what records to keep
- Payments on account explained and planned
- Dealing with HMRC on the work we do for you
Common mistakes to avoid
Useful tax tips
- Keep a simple log of business miles, as the mileage rate of 45p for the first 10,000 miles is often generous
- Save receipts for fuel, repairs, valeting, licensing and insurance in one place
- Put aside around a quarter of your profit for tax as you go, so January is never a shock
- Tell us early if you change vehicle, as it can affect how you claim
A private hire driver claiming everything they were owed
A full time driver came to us having filed their own returns for years using only fuel receipts. By reviewing licensing, insurance, phone, repairs and the correct mileage method, we found a noticeably larger set of allowable costs, which reduced the taxable profit and the bill for the year, all properly evidenced and within the rules.