Tax Return for Taxi Drivers
Complete your Self Assessment in 8 minutes. Claim all your allowable expenses and submit directly to HMRC.
- Mileage calculations
- Licensing fee support
- Vehicle expense tracking
- MTD-ready for 2026
Example Tax Calculation
Based on typical taxi drivers earnings £28,000/year
*Illustrative example based on 2024/25 tax rates. Your actual tax depends on your specific circumstances.
Allowable Expenses for Taxi Drivers
Claim these tax-deductible expenses to reduce your tax bill
Mileage Allowance
Claim 45p per mile for the first 10,000 miles, then 25p per mile.
Tip: Keep a detailed mileage log for all fares.
Taxi Licensing
Council licensing fees, badge costs, and vehicle plate fees.
Tip: Keep all licensing receipts and renewal documents.
Vehicle Insurance
Taxi and public hire insurance premiums.
Tip: Insurance is fully deductible.
Vehicle Maintenance
Servicing, repairs, MOT, and cleaning costs.
Tip: Keep invoices for all maintenance work.
More expenses you can claim
How to File Your Tax Return
Follow these simple steps to complete your Self Assessment
Gather Your Documents
Collect income records, receipts, and expense statements
Enter Income & Expenses
Add your earnings and claim allowable expenses with our guided flow
Review Your Calculation
See exactly how much tax you owe with real-time calculations
Submit to HMRC
File your tax return directly to HMRC in minutes
Key Deadlines for 2024/25 Tax Year
Don't miss these important dates
5 April 2025
Tax Year Ends
Calculate your final income and expenses
5 October 2025
Register for Self Assessment
If this is your first year self-employed
31 January 2026
Online Filing Deadline
Submit your tax return and pay any tax owed
6 April 2026
MTD Starts (£50k+)
If your income exceeds £50,000, you must use MTD software
Late Filing Penalties
1 day late: £100 fixed penalty
3 months late: £10/day up to £900
6 months late: 5% of tax owed or £300 (whichever is higher)
12 months late: Additional 5% or £300
Plus interest on any tax paid late. Avoid these costs by filing early with QTax.
Frequently Asked Questions
Answers to common questions about tax returns for taxi drivers
Do taxi drivers need to register as self-employed?
Yes. If you work as an owner-driver or rent a cab, you must register for Self Assessment.
Should I claim mileage or actual vehicle costs?
Most drivers use mileage allowance at 45p per mile. You can claim actual costs instead but must stick with your chosen method.
Can I claim Knowledge training costs?
Knowledge of London training costs may be deductible as they relate to starting your taxi business.
Ready to File Your Tax Return?
Join thousands of UK taxi drivers who trust QTax for their Self Assessment