Accountants for Uber Drivers

In the UK, workers driving a Uber taxi are considered self-employed contractors. You’re technically working as partners with these taxi operators, ride-sharing and delivery agencies. Due to this, the Her Majesty Revenue and Customs (HMRC) hold you responsible for filing your income tax and paying for your expenses.
Drivers must register with HMRC for self-assessment tax returns and Class 2 and 4 national insurance once they start working.

How Can Our Qualified Accountants Help?

Our accountancy services for Uber drivers provide guidance and support on financial matters. You’ll be working with qualified accountants to help you maintain an accurate record of your earnings, savings, and expenses.

What We Offer

Personalised support for experienced accountants for drivers

Accountancy services for running transportation and delivery businesses

Accountancy software (i.e. FreeAgent, Quickbooks, Xero) is available to make tax digital

We also help you archive receipts and invoices. A proper record allows us to make tax rebate claims according to the self-assessment tax return regulations.

Self-Assessment Tax Returns for Uber Drivers

You can reduce your tax bill by applying for rebates as a self-employed worker. HMRC has an official list of allowable expenses that you can claim.

  • Expenses of buying a work-only vehicle for your Uber or taxi job
  • Automobile insurance and public liability insurance claims
  • Car maintenance costs (includes servicing, repairs and cleaning)
  • Fuel and mileage costs (for business use only)
  • Interest associated with your car loan
  • Specialised equipment for your work-only vehicle (e.g. floor mats, spare tyres, tool/kits and road safety gear)
  • Smartphone for work, mobile data allowance and accessories (like charging cable, phone holder and other devices)
  • Toll fees when you cross toll roads while picking/dropping off a passenger or parcel
  • Costs for signing up for an advanced driving course
  • Amenities for customers purchased out of your pocket (like water, juices, snacks and other things if needed)

Our qualified accountants share their expertise to ensure you get fully compensated for these expenses. They also ensure that you stay on top of deadlines and your official paperwork is always in order.
The HMRC doesn’t accept tax rebate claims for meal allowance, parking fines or penalties. Drivers need to pay for those expenses without support.

Frequently Asked Questions

Have questions?

Here are some things you may want to know

Appointing qualified accountants for Uber can help you save time and energy. Our experienced advisors can enrol you as a self-employed worker with HMRC, maintain financial records, and overlook tax rebate claims and liabilities.

Uber reports to the HMRC to declare yearly earnings and apply for tax returns. However, as a self-employed Uber driver, you'll file your taxes independently.

Uber riders pay tax through the self-assessment tax return process. If you have another job, you will pay your taxes according to the Income Tax and National Insurance programs. Employers typically deduct PAYE tax from monthly salaries.

If you earn more than £1,000 from your Uber earnings, HMRC must register and declare your income. The same rules apply to other drivers operating under transportation and delivery services.

Tax deductibles cover several work-related expenses drivers pay during registration and when they are on the road. For example, car repairs and maintenance, registration fee, insurance coverage, fuel expenses, lease payments, and mileage deduction are part of the tax rebates claims allowed for ride-share agency drivers and delivery drivers.

Uber drivers can claim mileage allowance from HMRC. Standard tax returns offer 45p/mi for an estimated 10.000 miles and 25p/mi for longer distances.

Uber doesn't deduct taxes from the salaries of self-employed drivers.

Do you need further assistance?

Contact our team for a chat about how we can help you

01214399760