Earned the Knowledge? Let us handle the tax.
You spend your day on the road, not on spreadsheets. We keep your records straight, claim your cab costs and file your Self Assessment so you can concentrate on the next fare.
Get your free quote
Tell us a little about your situation. We aim to reply within one hour in office hours.
Cab drivers we help
From owner-drivers to those renting a cab, a black cab accountant in London makes sure you claim what the job costs you.
Owner-drivers
Cab purchase, finance and running costs claimed correctly.
Renting a cab
Weekly rental, fuel and licence costs tracked and claimed.
New licence holders
Registered with HMRC and set up from day one.
Drivers also on apps
Street work and app work combined in one return.
A cab is a business, so treat it like one
Taxi drivers are self-employed, so tax is up to you. Costs like fuel or charging, insurance, licence and plate fees, servicing, cab rental and radio or app fees can reduce your bill, and you may be able to claim capital allowances on the vehicle itself.
A black cab accountant who understands the trade will find the allowances that apply and keep your records in good order. Compare options on our Get a quote page, or call us for a chat.
What’s included
- ✓Self Assessment prepared and filed on time
- ✓Capital allowances considered on your cab
- ✓Fuel, insurance and licence costs claimed
- ✓Help with tax to set aside each week
- ✓VAT checks if your turnover grows
- ✓Fixed fee, no hourly billing
Every client works with a black cab accountant who understands taxi licences and cab costs.
Straightforward from the start
Short call
Tell us whether you own, finance or rent your cab.
Fixed price
A clear fee agreed upfront.
We get on with it
Send your takings and receipts; we prepare and file.
Questions we get asked
Are London taxi drivers self-employed?
Almost always, yes. That means you register for Self Assessment, keep records and pay Income Tax and National Insurance on your profit.
What can I claim as a cab driver?
Fuel or charging, insurance, licence and plate fees, repairs, servicing, cab rental and relevant phone or app costs. A black cab accountant in London will also look at capital allowances if you own the cab.
Can I claim the cost of buying my cab?
You cannot deduct the full price as a normal expense, but capital allowances may give tax relief on it. We work out the best route for you.
What records should I keep?
Takings, fuel and servicing receipts, licence payments and any rental or finance agreements. We give you a simple system.
Do I need to register for VAT?
Only once taxable turnover passes the threshold, so most drivers do not. We keep an eye on it.
Less paperwork, more fares
Book a free consultation with a black cab accountant in London, or call us. We aim to reply within one hour.