TAXI & UBER ACCOUNTANTS LONDON

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.

Uber & private hire focus VAT and vehicle-cost support Principal-led advice

What Affects Your
Take-Home Income?

Platform Income Uber, Bolt and operator statements
Vehicle Costs Finance, fuel, insurance and servicing
VAT
VAT Position Registration, output VAT and input VAT
£
Tax & Structure Self-employed or limited company
ACCOUNTING BUILT AROUND PRIVATE HIRE

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.

Uber and private hire driver accounting support in London
PRIVATE HIRE ACCOUNTING More than simply adding up bank receipts
UNDERSTANDING YOUR NUMBERS

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.

✓ Gross fares and platform income ✓ Vehicle finance and lease costs ✓ Uber, Bolt and operator statements ✓ Insurance, servicing and repairs ✓ Platform commissions and service fees ✓ VAT records and reconciliations ✓ Fuel and charging costs ✓ Self Assessment or company accounts

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.

Discuss Your Private Hire Accounts →
PRIVATE HIRE ACCOUNTING AREAS

Specialist Accounting for Taxi & Uber Drivers

These are the areas where private hire businesses often need more careful accounting support.

01
Self Assessment

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.

Self Assessment Allowable Expenses Tax Estimates
02
Limited Companies

Accounting for Private Hire Limited Companies

Full company accounts, Corporation Tax, payroll and director transactions for private hire companies.

Company Accounts Corporation Tax Payroll
% 03
VAT & Platform Income

Understanding Your VAT Position

VAT registration, returns and the treatment of platform income and vehicle expenses need careful review.

VAT Registration VAT Returns Input & Output VAT
04
Vehicles & Running Costs

Keep Vehicle Costs Separate

Finance, leasing, fuel, insurance, repairs and servicing need the right accounting treatment.

Finance Lease Costs Fuel Insurance
WHAT DOES THE CAR REALLY COST?

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.

01 Finance or Lease
02 Fuel or Charging
03 Insurance
04 Servicing & Repairs
05 Licensing & Other Running Costs
DRIVER PROFITABILITY

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
WHO WE WORK WITH

Accounting Support Across the Private Hire Sector

U

Uber Drivers

Drivers working through Uber and similar ride-hailing platforms.

T

Taxi Drivers

Self-employed taxi drivers and owner-managed taxi businesses.

PHV

Private Hire Drivers

Chauffeurs and private hire drivers with more complex operating costs.

LTD

Private Hire Companies

Limited companies operating vehicles or providing private hire services.

WHY CONSIDER ATA

Accounting Built Around the Way Private Hire Actually Works

01 Platform-Aware Accounting

Income considered alongside platform statements and commissions.

02 Vehicle-Cost Focus

Finance, insurance, fuel and running costs included in the wider picture.

03 Principal-Led

Direct involvement from the person responsible for your engagement.

04 Digital-First

Records, meetings and communication designed to work efficiently online.

CONNECTED ATA SERVICES

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.

COMMON QUESTIONS

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.

READY TO SORT OUT THE NUMBERS?

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.

TAXI & PRIVATE HIRE ENQUIRY

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.

Useful information to include ✓ Uber, Bolt, taxi or chauffeur work ✓ Self-employed or limited company ✓ VAT registration status ✓ Vehicle owned, financed or leased ✓ Approximate annual turnover ✓ Any overdue tax returns or accounts ✓ The main issue you want reviewed
PRINCIPAL-LED • DIGITAL-FIRST

Practical accounting support for taxi, Uber and private hire businesses in London and across the UK.

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