What expenses can a taxi driver claim?


Friday, December 17th, 2010

I work as a taxi driver in Leeds. I have recently registered as self employed and will need to do my tax return soon. I want to know what expenses can I claim against my income.

Wednesday, February 2nd, 2011

BeingSelfEmployed.org

There are a number of work related expenses that you can claim if you are a taxi driver, such as:

1. Mileage allowance – this can be calculated at 40 pence for the first 10,000 miles and 25 pence for each mile after this

2. Capital cost of vehicle

3. Household expenses – You may be eligible to claim some of your household expenses against your profit.

You should check with an accountant to be sure:

 
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