Accountants for Uber, Taxi & Private Hire Businesses
Specialist accounting and tax support for Uber drivers, taxi drivers, private hire operators and limited companies across London.
We help you understand what you are really earning after platform fees, vehicle costs, VAT and tax — not simply what arrives in the bank.
What Affects Your
Take-Home Income?
Your Bank Receipts Don’t Tell the Whole Story
The amount landing in your bank account is not necessarily the same as your sales, taxable income or profit. Platform commissions, fees, vehicle costs and VAT can all change the underlying numbers.
Passenger Fares
Gross income generated through the platform or operator.
Platform Fees
Commission, service charges and operator deductions.
Running Costs
Vehicle finance, fuel, insurance, repairs and other costs.
Real Profit
The number that matters for tax and business decisions.
Get a Clearer View of What You’re Really Earning
A private hire business can have many moving parts. Platform statements, cash receipts, vehicle expenses, finance costs and VAT all need to be brought together before you can understand the true result.
Turnover Is Not the Same as Take-Home Income
ATA can help bring together your platform income, VAT, vehicle costs and tax position so you have a more reliable picture of the business.
Specialist Accounting for Taxi & Uber Drivers
These are the areas where private hire businesses often need more careful accounting support.
Tax Returns for Taxi & Private Hire Drivers
Accurate tax returns based on real income and allowable expenses, not simply the amount arriving in the bank.
Accounting for Private Hire Limited Companies
Full company accounts, Corporation Tax, payroll and director transactions for private hire companies.
Understanding Your VAT Position
VAT registration, returns and the treatment of platform income and vehicle expenses need careful review.
Keep Vehicle Costs Separate
Finance, leasing, fuel, insurance, repairs and servicing need the right accounting treatment.
Vehicle Costs Can Change the Economics of Private Hire Work
Drivers often focus on weekly fares, but a more useful picture comes from understanding the full cost of keeping the vehicle on the road.
A Better Question Than “How Much Did I Take This Week?”
Useful accounting should help you understand:
- gross income before platform deductions
- actual platform fees
- vehicle cost per month
- VAT and tax liabilities
- how much cash should be reserved for tax
- whether the business is genuinely profitable
Accounting Support Across the Private Hire Sector
Uber Drivers
Drivers working through Uber and similar ride-hailing platforms.
Taxi Drivers
Self-employed taxi drivers and owner-managed taxi businesses.
Private Hire Drivers
Chauffeurs and private hire drivers with more complex operating costs.
Private Hire Companies
Limited companies operating vehicles or providing private hire services.
Accounting Built Around the Way Private Hire Actually Works
Income considered alongside platform statements and commissions.
Finance, insurance, fuel and running costs included in the wider picture.
Direct involvement from the person responsible for your engagement.
Records, meetings and communication designed to work efficiently online.
Private Hire Accounting Connects to Your Wider Tax Position
Self Assessment, company accounts, bookkeeping and VAT often overlap. ATA can look at those areas together rather than treating each filing separately.
Useful Tax & Private Hire Resources
Taxi & Uber Accounting FAQs
Common tax and accounting questions from taxi, Uber and private hire drivers.
Do Uber and private hire drivers need to file a Self Assessment tax return?
Many self-employed drivers will need to report business income and allowable expenses through Self Assessment. The requirement depends on the individual circumstances.
What expenses can a taxi or private hire driver claim?
Depending on the circumstances, allowable expenses may include vehicle costs, insurance, servicing, platform fees, licensing and other costs incurred wholly and exclusively for the trade.
Do Uber drivers need to register for VAT?
VAT registration depends on taxable turnover and the underlying supply arrangements. The position should be reviewed using gross income rather than relying only on net platform receipts.
Can ATA prepare accounts for private hire limited companies?
Yes. ATA can support bookkeeping, company accounts, Corporation Tax, payroll and other accounting requirements for private hire companies.
Can I claim the cost of my private hire vehicle?
The accounting and tax treatment depends on the legal structure, how the vehicle was acquired and how it is used.
What records should I keep from Uber or other platforms?
Keep platform statements, fare summaries, commission details, bank records and evidence of business expenses so gross income, deductions and receipts can be reconciled.
Need Help With Your Taxi or Private Hire Accounts?
Tell us how you operate, which platforms you use and whether you are self-employed or trading through a company.
Tell Us How You Operate
Give us a short overview of your private hire work and the accounting issue you would like us to review.
Practical accounting support for taxi, Uber and private hire businesses in London and across the UK.
