2026/27 guide

Accountants for taxi and private hire drivers

Taxi, private hire and app drivers are usually self-employed and pay tax through Self Assessment.

Part of our accountants for the self-employed service.

  • 4.9 on Google, from 72 Google reviews
  • 7,000+ tax returns filed
  • ACCA and AAT qualified accountants

2026/27 take-home calculator

What taxi and private hire drivers keep after tax

A private hire driver taking £60,000 in fares and driving 30,000 business miles. In 2026/27 that is £5,311.80 of Income Tax and National Insurance, leaving £27,688.20.

Expenses in this example (untick or edit)
Other expenses
You keep£27,688a year
Per month£2,307
Total tax£5,31216% of profit
Set aside£443a month for tax
Where the money goes
Take-home£27,688.20
Income Tax£4,086.00
National Insurance£1,225.80
Expenses£27,000.00

When the 2026/27 bill is due

  1. 31 January 2028£5,311.80
  2. 31 July 2028£2,655.90

Payments on account are due because the bill is over £1,000.

  • Making Tax Digital applies from April 2026 at this income
Assumptions

Uses 2026/27 rates for England, Wales and Northern Ireland, with no other income, student loan or pension contributions unless entered. Scotland has different Income Tax bands. This is an estimate, not advice: your accountant will check your own figures.

Key takeaways

  • For 2026/27 the simplified mileage rate for cars is 55p a mile for the first 10,000 business miles and 25p after that.
  • Black cabs and hackney carriages cannot use the mileage rate, and no vehicle can switch to it once capital allowances have been claimed on it.
  • Digital platforms such as ride-hailing apps report drivers' earnings to HMRC by 31 January after each calendar year.
  • VAT registration is required above £90,000 of taxable turnover, and drivers whose app acts as their agent must add back commission when testing the threshold.
  • Renewing a taxi or private hire driver licence requires an HMRC tax check code, which the driver must obtain personally.

How tax works for taxi, private hire and app drivers

Most taxi and private hire drivers in the UK are self-employed sole traders. That is true whether you own a black cab, rent a licensed private hire car, or take jobs through Uber, Bolt or another app. You pay Income Tax and Class 4 National Insurance on your profit through Self Assessment, and nobody deducts tax from your takings before they reach you.

Four things make driving different from most self-employed work:

  • Your vehicle is your biggest cost, and the way you claim for it (mileage rate or actual costs) is a choice you are largely locked into for as long as you keep that vehicle.
  • HMRC already sees your app earnings. Digital platforms report driver income to HMRC every year.
  • Your licence depends on your tax registration. Renewing a taxi or private hire licence requires an HMRC tax check.
  • VAT depends on how your operator contracts with passengers, not just on how much you earn.

Worked example: a private hire driver in 2026/27

Sam drives a standard saloon licensed for private hire and takes most jobs through an app. The app acts as Sam's booking agent, so the full fares are Sam's income and the app's service fee is an expense. Sam uses the mileage rate for the car and drives 30,000 business miles in the year.

ItemAmount
Fares received£60,000
Less app service fees(£15,000)
Less mileage: 10,000 miles at 55p(£5,500)
Less mileage: 20,000 miles at 25p(£5,000)
Less licence renewal, DBS check and medical(£500)
Less business share of phone and data(£400)
Less parking, tolls and congestion charges(£600)
Taxable profit£33,000

Income Tax: £33,000 minus the £12,570 personal allowance leaves £20,430, taxed at 20% = £4,086.00.

Class 4 National Insurance: 6% of the profit between £12,570 and £33,000 (£20,430) = £1,225.80. Because profit is above £7,105, Class 2 contributions are treated as paid, so Sam's State Pension record is protected at no cost.

Total due for the year: £5,311.80, or roughly £443 a month to put aside. Sam's turnover of £60,000 is also above the £50,000 Making Tax Digital threshold, which is tested on income before expenses, not on profit. If you live in Scotland, Scottish Income Tax bands apply instead, but National Insurance is the same.

Should a driver use a limited company? Rarely. A company cannot use the mileage rate at all (it is only for sole traders and partnerships), a car the company owns and you use privately creates a benefit in kind, and the running costs of a company usually outweigh any saving at this level of profit. Our sole trader vs limited company calculator shows the numbers for your own figures.

Mileage rate or actual costs: the decision that sticks

For 2026/27 the simplified expenses rate for cars and goods vehicles rose to 55p a mile for the first 10,000 business miles, then 25p a mile (it was 45p up to 5 April 2026). The rate covers buying, running and maintaining the vehicle: fuel, servicing, repairs, insurance, road tax, MOT and depreciation. You can still claim tolls, congestion charges and parking on top.

The rules drivers most often get wrong:

  • Black cabs cannot use it. HMRC excludes cars designed for commercial use, naming black cabs and hackney carriages. Private hire drivers in an ordinary car can use it.
  • You cannot switch once you have claimed capital allowances. If capital allowances have ever been claimed on the vehicle, the mileage rate is not available for it.
  • Once you start on mileage, you stay on mileage for as long as that vehicle is in the business. You can only change method when you replace the vehicle.
  • Only business miles count. Keep a log as you go. The rate only applies to journeys made wholly for the business, not private trips or journeys with a mixed purpose.

The alternative is to claim the business share of actual running costs plus capital allowances on the vehicle. For an ordinary car, a new zero-emission car bought by 5 April 2027 can qualify for a 100% first-year allowance; otherwise cars go into the main pool at 14% a year (from April 2026, previously 18%) if they emit 50g/km or less, or the special rate pool at 6% if they emit more. A hackney carriage is not treated as a car for capital allowances, so it can qualify for the Annual Investment Allowance instead. High-mileage drivers in cheaper cars often do better on mileage; drivers with expensive or electric vehicles often do better on actual costs. The mileage claim calculator is a quick first check, and your accountant will run the comparison before you commit.

Allowable expenses for drivers

ExpenseClaimable?Notes
Uber, Bolt or operator commission and service feesYesWhere your fares are recorded gross
Fuel, insurance, servicing, tyres, road tax, MOTActual costs method onlyBusiness share; already covered by the mileage rate
Vehicle rental or hire chargesActual costs method onlyBusiness share
Parking, tolls, congestion chargesYesBusiness journeys, under either method
Parking and traffic finesNoFines and penalties are never allowable
Driver licence renewal, DBS check, licensing medicalYesCosts of keeping your licence to trade
Phone, data and a dashcam or phone mountYesBusiness share of a mixed-use phone
Radio circuit or taxi association feesYes
Cleaning and valetingYes
Accountancy fees and bookkeeping softwareYes

App earnings: what HMRC already knows

Since 1 January 2024, digital platforms that connect drivers with passengers must collect your details (including your National Insurance number) and report your earnings to HMRC each year. Earnings for a calendar year are reported by the following 31 January, and the platform must give you a copy.

That report is not a tax return. It covers a calendar year broken into quarters, and it shows earnings after the platform's fees. Your tax return runs from 6 April to 5 April, so you still need your own records: weekly statements from each app, cash fares, tips and expenses. Tips you receive for driving are part of your business income. If your return and the platform report differ, make sure you can explain why.

VAT for taxi and private hire drivers

You must register for VAT if your taxable turnover goes over £90,000 in any rolling 12 months. Fares are standard-rated at 20%, including extras such as waiting time. Tips passengers give freely are outside the scope of VAT.

What counts as your turnover depends on how you work:

  • If the operator or app acts as your agent, the fares are your supplies. HMRC's taxi notice says you must add back any commission, rental or agency charges deducted before you are paid when you test the threshold. A driver who receives £75,000 after a 25% commission has fares of £100,000 and is over the threshold.
  • If the operator acts as principal, it supplies the journey to the passenger and accounts for VAT on the full fare, and you supply your driving services to the operator. The courts have held that London private hire operators must act as principal.

From 2 January 2026, operators acting as principal can no longer use the Tour Operators' Margin Scheme to pay VAT only on their margin. HMRC says drivers are affected only if they had used that scheme themselves. If you do register, the Flat Rate Scheme rate for transport including taxis is 10%. Read your platform's driver terms and let your accountant confirm which model applies before you rely on a turnover figure.

Licence renewals and the HMRC tax check

When you renew a taxi or private hire driver licence (or apply for the same type of licence with another council), you must first complete an HMRC tax check. The rules have applied in England and Wales since 4 April 2022, and in Scotland and Northern Ireland since 2 October 2023. The check confirms you are registered for tax and gives you a 9-character code for the licensing authority. You must do it yourself (an accountant cannot do it for you), and the code expires after 120 days. First-time applicants confirm their tax responsibilities instead. In practice, being registered for Self Assessment and filing on time keeps your licence moving.

Key deadlines and Making Tax Digital

If you started driving during 2025/26, register for Self Assessment by 5 October 2026. Then:

  • 31 January 2027: file your 2025/26 return and pay the balance, plus your first payment on account for 2026/27.
  • 31 July 2027: second payment on account for 2026/27.
  • 31 January 2028: file your 2026/27 return and pay any balance.

Making Tax Digital for Income Tax applies from 6 April 2026 if your self-employment and property income before expenses was over £50,000 in 2024/25. The threshold drops to £30,000 from April 2027 (based on 2025/26) and £20,000 from April 2028. If you are in, you keep digital records and send quarterly updates by 7 August, 7 November, 7 February and 7 May. A full-time driver with more than £30,000 of fares in 2025/26 will need to use it from April 2027.

How GoForma helps drivers

GoForma is a UK online accountancy practice working with self-employed people across the country by phone, video, email and WhatsApp. Our accountants are ACCA and AAT qualified, and we have filed more than 7,000 tax returns.

  • Start Sole Trader (£44 a month plus VAT, 50% off for the first 3 months): your Self Assessment return, a dedicated personal accountant, WhatsApp support and FreeAgent accounting software, worth £360 a year, included. See Start Sole Trader.
  • Start Sole Trader + MTD (£68 a month plus VAT) adds your quarterly Making Tax Digital submissions.
  • Lite Sole Trader (£22 a month plus VAT) suits part-time drivers under £20,000 turnover who keep their own books.

All packages are rolling monthly. Not sure whether mileage or actual costs suits your car, or whether you are near the VAT threshold? Book a free consultation and we will talk it through.

Reviews

4.9 on Google, 4.8 on Trustpilot

From 72 Google and 142 Trustpilot reviews. A few, quoted as clients wrote them:

I've been working with GoForma for close to 3 years now, and literally haven't had a single complaint, not even one.
Marcus Stephens
Google review
Excellent service from Kabir and the team. They were professional, responsive, and guided me throughout the process with patience and clear communication.
Ernestine Tonle
Google review
I highly recommend GoForma. Very efficient practise that turned around my tax return quickly. Dealt with Jordan and Jawad, comms was always clear and to the point. Great value for the service they provide
Stelios Savvides
Google review

Free quote

Get a fixed price in two minutes

Answer a few questions about your work and we will recommend the right package for taxi and private hire drivers. Free and no obligation.

FAQ

Questions from taxi and private hire drivers

Do Uber and Bolt drivers pay tax in the UK?

Yes. App drivers are normally self-employed for tax, so you register for Self Assessment and pay Income Tax and Class 4 National Insurance on your profit, which is your fares less allowable expenses such as platform fees and vehicle costs. For 2026/27 you pay nothing on the first £12,570 of profit, then 20% Income Tax and 6% National Insurance up to £50,270. Nothing is deducted by the app, so set money aside as you go.

Can I claim 55p a mile as a taxi driver?

If you drive an ordinary car licensed for private hire, yes: the 2026/27 simplified expenses rate is 55p a mile for the first 10,000 business miles and 25p after that. Black cabs and hackney carriages cannot use the mileage rate because HMRC treats them as vehicles designed for commercial use. Black cab drivers claim the business share of actual running costs plus capital allowances instead.

Can I switch from the mileage rate to actual costs?

Not for the same vehicle. Once you use the mileage rate for a vehicle you must keep using it for as long as that vehicle is in your business, and if capital allowances have ever been claimed on a vehicle you cannot use the mileage rate for it at all. You can choose a different method when you replace the vehicle, so it is worth comparing both before you file your first return with a new car.

Do I need to register for VAT as an Uber driver?

Only if your taxable turnover goes over £90,000 in a rolling 12 months. The difficult part is working out your turnover. Where an app acts as your agent, HMRC says you add back commission it deducts, so gross fares count, not what lands in your bank. Where the operator acts as principal, as London private hire operators must, it accounts for VAT on the fare. Check your driver terms with an accountant.

Does Uber tell HMRC how much I earn?

Yes. Since 1 January 2024, digital platforms must report sellers' earnings to HMRC, and ride-hailing counts. Each calendar year's earnings are reported by the following 31 January, and the platform must send you a copy. The figures are after the platform's fees and split by calendar quarter, so they will not match your tax year exactly. Keep your own records and make sure your return reconciles.

What is the tax check for a taxi licence renewal?

When you renew a taxi or private hire driver licence, the licensing authority needs a tax check code from HMRC. You complete the check online yourself, as an accountant cannot do it for you, and it confirms you are registered for tax. The 9-character code lasts 120 days. It has applied in England and Wales since April 2022 and in Scotland and Northern Ireland since October 2023.

Are tips taxable for taxi drivers?

Yes. Tips you receive for driving are part of your self-employed business income and belong in your accounts alongside fares, whether passengers give cash or add a tip in the app. They do not count towards VAT, because tips given freely are outside the scope of VAT. App tips will usually appear in your weekly statements, which makes them easy to include.

Should a taxi driver set up a limited company?

Usually not. A company cannot use the mileage rate, a company-owned car used privately creates a taxable benefit, and the extra accounts, payroll and filing costs usually outweigh any tax saving for a typical driver. It can make sense for someone running several vehicles with employed drivers. Run your own figures through a sole trader versus limited company comparison or talk to an accountant first.