Birmingham Accountants for Drivers

by Nick Bonnaud

Best Birmingham Accountants for Taxi Drivers, Uber, Deliveroo, Ola and Delivery Drivers.

Best Accountants for Taxi Drivers, Uber, Deliveroo, Ola and Delivery Drivers in Birmingham.

Looking for the best driver accountants Birmingham has to offer? With the help of our professional accounting services for drivers in Birmingham UK, you can keep your finances in control, pay less tax and keep more money in your pocket to spend on the things you enjoy doing.

Tax Advice for Taxi & Delivery Drivers

Workers who drive a taxi, Uber or Ola in the UK are self-employed contractors. Technically, you are working with taxi companies, ride-sharing companies and delivery agents. Her Majesty Revenue and Customs will hold you accountable for paying your taxes and filing your expense reports.

Once they begin working, drivers must register at HMRC to receive self-assessment tax returns as well as Class 2 or 4 national insurance.

Accounting Services for Uber, Deliveroo, Delivery Drivers, Ola and Taxi Drivers.

We offer financial support and guidance for Uber, Deliveroo and Ola drivers. Qualified accountants will be assigned to you in order for you to keep a detailed record of all your income, savings and expenses.

We offer specialist accounting services for Taxi Drivers, Deliveroo, Uber, Ola and Delivery Drivers.

What we offer:

  • Experienced accountants offer personal support to drivers
  • Accounting services to manage transportation and delivery companies
  • Accounting software, i.e. Xero and Quickbooks are available for digital tax preparation.

Self-Assessment Tax Returns for Taxi Drivers, Deliveroo, Uber, Ola and Delivery Drivers

Applying for tax rebates to reduce your tax bill as a self-employed worker can help you lower your taxes. HMRC provides an official list with allowable expenses you may claim.

Accountancy services for running transportation and delivery businesses

Costs associated with purchasing a vehicle used for Uber and taxi jobs:

  • Public liability and automobile insurance
  • Costs of car maintenance (includes repairs, servicing and cleaning).
  • For business only, fuel and mileage cost
  • Your car loan may be subject to interest
  • Equipment for work vehicles (e.g. Floor mats, spare tires, tools/kits, and road safety gear
  • Smartphones for work and mobile data allowance. Accessories (such as charging cable, phone holders, and other accessories)
  • When you pick up or drop off parcels, or passengers on toll roads, there are additional fees
  • Advanced driving courses costs
  • Customers can purchase amenities out of their pockets (such as water, juices and snacks, if necessary).

Personalised support & experienced accountants for drivers

To ensure that you are fully reimbursed for expenses incurred, our qualified accountants will share their knowledge. You will also be able to meet deadlines, and ensure your paperwork is in order.

HMRC does not accept tax rebate requests for meals allowances, parking fines and penalties. These expenses are the responsibility of drivers and must be paid for by them.

Do I Need an Accountant for Deliveroo, Uber or Delivery Services?

You can save both time and money by appointing qualified accountants to work with Deliveroo and Uber as well as Taxi, Taxi, and Delivery Drivers. The experienced advisors will help you register as self-employed with HMRC and maintain financial records. They can also assist in avoiding tax rebate claims or liabilities.

Does Deliveroo Report to HMRC?

Deliveroo files tax returns and declares yearly earnings to HMRC. You will file your taxes separately if you are a Deliveroo driver.

How does a Deliveroo Rider pay Tax?

Deliveroo riders pay taxes through self-assessment tax returns. You will be taxed according to income tax and national insurance programs if you hold another job. Most employers deduct PAYE taxes from monthly wages.

Is it necessary to declare Deliveroo earnings?

HMRC will register your earnings if you make more than £1,000 per Deliveroo. Similar rules are applicable to drivers who operate under transport and delivery services.

What Expenses can a Deliveroo Driver and Uber Drivers claim?

The tax deductible covers several expenses that drivers have to pay while they register and on the road. Tax rebates are available for delivery and ride-share drivers. They include car repairs, maintenance, registration fees, insurance coverage and fuel expenses.

Can Deliveroo Drivers receive mileage allowance in the Tax Rebate Claim?

HMRC allows drivers of Deliveroo (or Uber drivers or Taxi drivers), to claim mileage allowance. For distances greater than 10.000 miles, standard tax returns will pay 45p/mi. Longer distances are covered by 25p/mi.

Will Uber deduct Taxes from your salaries?

Uber does not deduct taxes on the wages of self-employed drivers.

Talk to our Birmingham Accounting Specialists For Drivers

Call us on 0121 235 0315 to talk to our specialist driver accountants in Birmingham for a free ‘no-obligation’ tax review to show you exactly how we can help you pay less tax, keep more money in your pocket and grow your business.

Call trusted Birmingham accountants Quest on 0121 235 0315 for free tax, business and HMRC advice. Let’s have a chat about how we can help you pay less tax, keep more money in your pocket and grow your business 🙂

If you want to discover how we can help your business, Quest also offers the following services: VAT, Payroll, Business Tax, Tax Services, New Business, Self Assessment, R&D Tax Credits, Tax Deadlines and Annual/Management Accounts.