Taxi Point iconTaxi PointSep 12, 2026

£1,000 in fares but only £800 paid out? The HMRC Making Tax Digital issue taxi and PHV app drivers need to understand

For some drivers, relying solely on bank deposits could risk confusing gross passenger fares with net payouts made after an operator or platform has deducted commissions and other charges.

£1,000 in fares but only £800 paid out? The HMRC Making Tax Digital issue taxi and PHV app drivers need to understand

Share this story

Send the public story page.

Useful takeaways from this story.

For some drivers, relying solely on bank deposits could risk confusing gross passenger fares with net payouts made after an operator or platform has deducted commissions and other charges.

Cabbies working through apps such as Uber, Bolt and Freenow are likely facing an important record-keeping question under Making Tax Digital: is the money arriving in their bank account enough to accurately...

Under Making Tax Digital for Income Tax, qualifying self-employed...

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

For some drivers, relying solely on bank deposits could risk confusing gross passenger fares with net payouts made after an operator or platform has deducted commissions and other charges. Cabbies working through apps such as Uber, Bolt and Freenow are likely facing an important record-keeping question under Making Tax Digital: is the money arriving in their bank account enough to accurately record their business income? Under Making Tax Digital for Income Tax, qualifying self-employed...

How it works

  • Cabbies working through apps such as Uber, Bolt and Freenow are likely facing an important record-keeping question under Making Tax Digital: is the money arriving in their bank account enough to accurately...

Details worth keeping

Under Making Tax Digital for Income Tax, qualifying self-employed...

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app