Uber Driver Specialists

Accountants for Uber Drivers

Managing taxes and finances as an Uber driver can be complex, but at Taxwise Accountancy, we make it simple and stress-free. Our expert online accountants for Uber drivers provide tailored services, ensuring compliance with HMRC while maximizing your income.

Whether you're new to Uber or an experienced driver, our services are designed to meet your unique needs.

Our Uber Driver Accountants Accreditations & Professional Memberships

ACCA Approved Accountants IFA Institute Financial Accountants Member AAT Association Accounting Technicians Licensed
Qualified Accountants
Fixed Transparent Fees

Accounting & Tax Services for Uber Drivers

Comprehensive accounting solutions tailored specifically for Uber drivers across the UK

Self Assessment Tax Return Filing

Accurate and timely preparation and submission of your self-assessment tax return to HMRC, ensuring compliance and avoiding penalties. Our experienced accountants will handle all the paperwork and calculations, giving you peace of mind and saving you valuable time.

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Annual Accounts Preparation

Detailed profit and loss statements to track your earnings and expenses throughout the year. Our accountants will analyze your financial data and provide valuable insights to help you make informed business decisions and optimize your tax planning strategies.

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Tax Planning and Advice

Proactive strategies and expert advice to help you save on taxes and effectively manage your finances. Our dedicated tax planning team will work closely with you to identify potential tax deductions and credits, ensuring you take full advantage of available opportunities.

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Free Self Assessment UTR Registration

Assistance for new Uber drivers in registering with HMRC and obtaining a Unique Taxpayer Reference (UTR). Our knowledgeable accountants will guide you through the registration process, ensuring you meet all the requirements and have the necessary documentation to start your self-assessment tax filing.

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Uber Driver Tax Check Code Assistance

Guidance and support for obtaining the tax check code required for Uber driver license renewals. Our experienced accountants will assist you in navigating the process, ensuring you have the necessary documentation and information to renew your license without any hassle.

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Immigration and Mortgage Support

Accountants' references for UKBA immigration applications, mortgages, and loans to support your financial goals. Our team will provide the necessary documentation and support to help you with your immigration process or mortgage application, ensuring a smooth and successful outcome.

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Maximize Your Deductions

What Expenses Can Uber Drivers Claim?

Claiming eligible expenses is crucial for reducing your taxable income, including income tax and national insurance. Here's a comprehensive guide to common expenses:

Vehicle Costs

  • Fuel: The cost of fuel for your rides.
  • Car Hire or Finance: Rent or loan interest for the vehicle you use.
  • Repairs, Maintenance, and MOT: Regular servicing and MOT tests.
  • Capital Allowance: Claim depreciation for vehicle purchase costs.
  • Road Tax: Annual tax for using public roads.
  • Breakdown Cover: Protection in case of vehicle breakdowns.

Business-Related Costs

  • Uber Fees: Commission and service charges deducted by Uber.
  • Parking & Tolls: Any tolls or parking fees incurred while driving for Uber.
  • Cleaning: Costs for cleaning or valeting your vehicle.

Other Expenses

  • Insurance: Motor and public liability insurance.
  • Phone & Internet: Costs for communication and GPS usage.
  • Licence Costs: Taxi licence, vehicle licence, and renewal costs.
  • Travel & Subsistence: Overnight stays and meals for work-related travel outside your home town.
  • Accountancy Fees and Legal Costs: Professional services for tax and legal matters.
Essential Documentation

Records Uber Drivers Need to Keep

To prepare your tax return effectively, you must maintain:

Bank Statements

Showing all Uber earnings and business transactions.

Receipts & Invoices

For all business-related expenses (fuel, repairs, insurance, etc.).

Pro Tip

We recommend using a business bank account to separate personal and professional transactions, making it easier to track your finances.

How to Track Expenses Effectively

  • Use a business bank account for all income and expenses.
  • Keep physical or digital copies of all receipts and invoices.
  • Use cloud-based accounting tools for real-time tracking.
Stay Compliant

How to Avoid Issues with HMRC

Following these best practices will help you maintain good standing with HMRC:

Accurate Income Reporting

Report all earnings from Uber and other sources. Never underestimate your income.

Organized Records

Keep all receipts and bank statements, digitally or physically, for at least 5 years.

Timely Tax Returns

Submit your Self Assessment on time (by 31st January) to avoid penalties starting from £100.

Legitimate Expense Claims

Only claim expenses that are solely for business purposes. Mixed use may be partially claimable.

Managing Taxes as an Uber Driver

Set aside a portion of your earnings each month to cover your tax bill or make advance payments to HMRC. This will help you avoid financial strain during tax season.

Recommended: Save 25-30% of your monthly income for tax obligations.

Essential for License Renewal

How to Obtain Your Uber Driver Tax Check Code for Licence Renewal

The Uber Driver Tax Check Code is a mandatory requirement introduced by HMRC for drivers renewing their private hire or taxi licences.

What is the Tax Check Code?

This code confirms that your tax affairs are up to date with HMRC. It's required when renewing your private hire or taxi licence.

Follow These Steps to Get Your Code

1

Log in to Your HMRC Account

Visit the HMRC website and sign in using your Government Gateway credentials. If you don't have an account, you will need to register for one.

2

Complete the Tax Check

Follow the prompts to complete a short online questionnaire about your self-employment and tax status.

3

Generate the Code

Once you've completed the process, HMRC will issue a unique Tax Check Code that's valid for 120 days.

4

Provide the Code to Your Licensing Authority

Submit this code when renewing your private hire or taxi licence with your local authority.

How Taxwise Accountancy Can Help

At Taxwise Accountancy, we assist Uber drivers with understanding this process, ensuring your accounts are up to date so the Tax Check can be completed without issues.

Please note: While we cannot generate the code on your behalf due to HMRC regulations, we're here to guide you every step of the way and ensure your tax records are in perfect order.

Complete Your Tax Check on HMRC Website

Opens in a new window - HMRC official website

Common Questions

FAQs for Uber Driver Accounting

Get answers to the most frequently asked questions about Uber driver taxes and accounting

Do I Need to File a Self Assessment Tax Return as an Uber Driver?

What Happens If I Miss the HMRC Tax Return Deadline?

Can I Claim Car Finance Payments?

How Do I Register for Self Assessment?

What is the Uber Driver Tax Check Code?

Can I Claim Expenses Without Receipts?

How Can I Manage My Tax Bill More Effectively?

Still Have Questions?

Our expert accountants are here to help you with any Uber driver tax queries

Book Your Free Consultation
Future of Tax Compliance

How Will Making Tax Digital (MTD) Affect Uber Drivers?

MTD simplifies tax compliance and reduces errors by requiring the use of digital tools for record-keeping and tax submissions.

1. Digital Record-Keeping

Use MTD-compatible software to track earnings, Uber fees, and expenses. No more paper records or spreadsheets.

2. Quarterly Updates

Submit income and expense summaries every three months through digital software instead of annual Self Assessment.

3. Year-End Submission

File a final declaration at year-end to confirm income and calculate final tax liability.

4. Implementation Timeline

MTD for Income Tax: £50k+ earners from April 2026, £30-50k earners from April 2027.

How Uber Drivers Can Prepare for MTD

Adopt Digital Tools

Use MTD-compliant software to manage records and submit updates.

Understand Obligations

Familiarize yourself with quarterly reporting requirements.

Work with an Accountant

Get expert help for a smooth MTD transition.

Taxwise Accountancy MTD Support

We provide specialized support for Uber drivers navigating MTD. From setting up digital tools to managing quarterly submissions, we make the transition hassle-free.

MTD software setup & training
Quarterly submission management
Year-end final declaration
Ongoing compliance monitoring
The Taxwise Difference

Why Work with Taxwise Accountancy?

Join hundreds of satisfied Uber drivers who trust us with their accounting and tax needs

Specialized Expertise

Years of experience helping Uber drivers with tax compliance and financial management.

Transparent Pricing

Affordable and straightforward packages with no hidden fees. You know exactly what you're paying for.

Online Services

Convenient access to all our services, no matter where you're based in the UK.

Proactive Support

We're here year-round, not just at tax time. Get expert advice whenever you need it.

98%

Client Satisfaction Rate

20+

Years Experience

Get Started Today

Ready to Simplify Your Uber Driver Taxes?

Take the stress out of tax compliance. Let our expert accountants handle your Self Assessment, expense tracking, and HMRC submissions while you focus on driving and earning.

Uber Driver
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Fixed Transparent Fees

Fast Response

We typically respond within 24 hours

Free Initial Consultation

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