That statement always amazes me. How can the tax man take the majority? Tax is paid at a%, the same no matter what job you do. Maybe he should get a better accountant as well. My ex was a taxi driver for years. He did earn excellent money for a long time, but unfortunately everything started going up,. Download the free trial version below to get started. Double-click the downloaded file to install the software. UK Business Directory, The Best of British Companies with their Governing Bodies, Institutes and Associations. Following 34 years service with HMRC and the past twenty years working within Compliance undertaking investigations into Self Assessment returns, I can now utilise all of this experience to provide an Accountancy service to help the small businessman. £125 Fixed fee accountancy for the taxi and private hire industry.

Tax Return for Taxi Drivers Though the job of a taxi driver might sound easy, simply driving passengers from Point A to Point B, it actually requires a good number of skills. This guide will show you what you need to know and do to become a successful freelance taxi or minicab driver. A sociable job at unsociable hours Driving passengers as a self-employed taxi driver gives you the opportunities to meet and talk to lots of different kinds of people. Unfortunately, it often requires you to work long, unsociable hours too.

Dealing with customers Though most customers will be friendly, and make your job easy, the nature of the taxi service business means you’ll still occasionally come across more difficult customers. This is especially true when picking up passengers late at night on weekends, when people are more likely to be drunk. Being a self-employed taxi driver isn’t for everyone, but if you have the ability to handle difficult passengers while remaining calm, it could be the perfect job for you. Some other useful skills for a freelance taxi driver to have: • Great driving skills • Knowledge of and compliance to the highway code • Polite, even to difficult customers • Good arithmetic skills for accepting fares and working out change • Good map knowledge in and around the area in which you wish to work. So you can drive. But what about other qualifications and training?

Obviously, if you have a valid driving license, you’re already one foot on the path to becoming a self-employed taxi driver. There are, however, still a few more hurdles to jump before you can take paying customers. Age To become a licensed taxi driver, you need to be over the age of 21, and have had your full UK driving license for at least a year. Choose your taxi There are two main routes to take to becoming a freelance taxi driver: • Black cab: A black cab, or a Hackney carriage features a taxi light, and a fare meter which rises the longer you drive a passenger for. • Private Hire Vehicle: More commonly known as a minicab, a Private Hire Vehicle must be pre-booked, and the price is set at the beginning of the journey. Zero Configuration Networking Pdfs.

Getting licensed – local council authorities Each local council decides whether or not you need to take the Driver and Vehicle Standards Agency driving test in order to drive a taxi or Private Hire Vehicle. The assessment includes things like eyesight tests, practical driving tests, and questions on the Highway Code. You’ll also have the option to take a wheelchair test to decide if you’re allowed to carry passengers in wheelchairs. You must have a wheelchair accessible vehicle to complete this test. Check with your local council to see if they require you to take the test. If they do, book your test with the DVSA. You’ll also need to have a CRB check before being allowed to drive as a self-employed taxi driver.

The Knowledge – driving a black cab in London The test to become a black cab driver in London is much more vigorous than the test to become a minicab driver. You’ll need to complete the Knowledge, one of the most difficult tests in the world. You’ll have to learn and memorise hundreds of basic routes along with tens of thousands of landmarks and streets, because black cab drivers must rely on their memory when driving their passengers, rather than using satnavs to tell them where to go. It can take anywhere between two and four years to complete, but the ability to pick up passengers without them having to pre-book, and with the fare meter ensuring fares are often higher than minicabs, being a self-employed black cab driver can be a lucrative career.