Self-Employed Taxi & Uber Drivers
Self Assessment Tax Return For Uber & Taxi Drivers
Throw out that paper and go digital with 1tap and Boom! Accounts. We're the perfect team to prepare and submit self-employed tax returns for uber and taxi drivers.
As a self-employed Taxi Driver, many of the expenses you incur in the day-to-day running of your business can be claimed on your Self-Assessment and Tax Return. However, recording and managing your expenses can be time-consuming and it can be difficult to know whether you are paying the right amount of tax.
Using 1tap and Boom! Accounts, your Self-Assessment and Tax Return are checked and processed accurately and efficiently so that you never miss another tax deduction.
Simply photograph your receipts using the 1tap app or upload them from email. 1tap will then extract the key information and categorise all your items according to HMRC categorisation so that all your expenses are managed, making completing your Self-Assessment easier and much less time-consuming.
All your data and receipts are stored using secure cloud storage, meaning you’ll never lose a receipt again.
Your data and receipts are then shared with the Boom! Accounts team who check that your expenses are entered and categorised correctly before completing your tax return for you, saving you time and effort. As you will be uploading your receipts in real time using the 1tap app, the Boom! Accounts team can complete your tax return anytime from the 6th April.
Any expenses that you incur which are exclusively for your work are tax deductible. Examples of the expenses you can claim are petrol or diesel costs, servicing and repairs, annual road tax, MOT test, your licence and washing and cleaning of your taxi.
For advice on what expenses you can and can’t claim on your tax return as a Self-employed Uber & Taxi driver you can read our blog post on self-employed uber & taxi driver tax deductible expenses.