Accountants for Uber Drivers in London

London has by far the largest private hire fleet in the country, and TfL licensing costs, the Congestion Charge and ULEZ all bite here in ways they do not elsewhere. Drivers working central shifts routinely cross the VAT threshold on gross fares without realising it, because London fares are higher and utilisation is better than almost anywhere else in the UK. TfL private hire driver licences run for three years, and the vehicle licence, DBS and topographical assessment costs on top of that are all allowable expenses — they are also the fees drivers most often forget to keep receipts for because they are paid once every few years rather than monthly. The Congestion Charge and the ULEZ daily charge are both claimable as business costs where you pay them to work, but only for the business proportion of the day, so a mileage or time log matters if you also use the car privately. Because London PHV earnings are consistently the highest in the UK, full-time London drivers are also the group most likely to be caught by Making Tax Digital's £50,000 gross-income threshold well before drivers doing similar hours elsewhere in the country.