Taxi Driver Accounting That Keeps You on the Road,
Not in the Weeds of HMRC
Specialist digital accountants for UK taxi drivers and private hire vehicles.
Self-assessment, fuel costs, vehicle expenses, and everything else.
- Making Tax Digital Ready
- Fixed Monthly Fees
- CIMA Regulated
- Serving UK Clients Nationwide
Who This Service Is For
Our taxi driver accounting service is for licensed taxi drivers, private hire vehicle (PHV) drivers, and multi-vehicle minicab business owners across the UK. Whether you drive full-time or alongside other employment. We work with drivers on Uber, Bolt, Ola, Addison Lee, and independent circuits, as well as black cab drivers.
What's Included with Our Digital Taxi Driver Accounting Service?
- WHY TDA
Why Choose TDA
FAQ
Frequently Asked Questions
Yes. If you earn more than £1,000 from self-employment in a tax year (which includes taxi and private hire work), you are required to register for self-assessment and file an annual tax return. Your taxable profit — gross earnings minus allowable expenses — is added to any other income you have, and you pay Income Tax and National Insurance on the total above your personal allowance (£12,570 for 2024/25). Failing to register or file results in HMRC penalties.
Taxi drivers can claim: fuel costs (business proportion); vehicle insurance; vehicle licence fees; MOT and repairs; loan interest on the vehicle (business proportion); cleaning costs; radio circuit or app platform fees; PPE (gloves, masks); phone costs (business proportion); licence fees (taxi licence, DBS check); accountancy fees; and any other expense wholly and exclusively for the purpose of the business. Choosing between the HMRC-approved mileage rate (45p per mile for the first 10,000 miles, 25p thereafter) and actual vehicle costs depends on your individual figures — we calculate which method saves you more tax.
Most taxi drivers do not need to register for VAT unless their annual income exceeds £90,000 (the 2024/25 registration threshold). The majority of individual taxi drivers earn below this threshold. However, if you own multiple vehicles and employ or subcontract other drivers, your combined turnover may be relevant. Platform-based drivers should also note that Uber and similar platforms are now required to pass on VAT on their own service fees — this does not affect your own VAT registration status.
Your gross earnings from platforms like Uber or Bolt — before the platform’s commission is deducted — must be declared as your total income on your self-assessment. The platform commission is then claimed as an allowable business expense. Your platform will provide an annual earnings summary — we use this alongside your other records to prepare an accurate return. If you drive for multiple platforms, we reconcile all of them.
From April 2026, self-employed people (including taxi drivers) with income over £50,000 must comply with Making Tax Digital for Income Tax — keeping digital records and submitting quarterly updates to HMRC instead of a single annual return. The threshold drops to £30,000 from April 2027. If your earnings are below these thresholds, you continue to file an annual self-assessment. We advise on your specific position and set up MTD compliance for those who need it.