Uber Driver interviews Taxi Accountant on self-employed HMRC tax deductibles (self assessment)

Join us for a fascinating conversation as a Uber driver picks the brain of a Taxi/Uber accountant about maximizing tax deductions! Discover insider tips, useful strategies, and potential pitfalls to avoid while navigating the gig economy. Whether you're a driver or just curious about tax essentials, this engaging dialogue will illuminate the often-overlooked aspects of tax deductions that can save you money come the end of the tax year!

We explore a lot of the frequently asked questions when it comes to Taxi Uber Taxes including
How to register with HMRC for self-employed
Can you work part time with uber while having a paye job
What expenses you can claim against your taxes as an Uber Driver
Is charity donations counted as tax deductible
Are union fees tax deductible
Are meals and drinks tax deductible as an Uber Driver
Are pension contributions deductible
How Car value depreciation works (aka Capital Allowances)
What better flat rate or actual costs for mileage
and more, so if your looking for an Uber accountant this is the video for you

Chapters
0:00 Intro
0:44 Pual Taylor's Taximanager background
02:30 App based programs like Uber now reporting earnings to HMRC
07:36 Uber drivers are classed as workers, not self-employed contractors
09:00 Taxi App useage and Taxi Expenses help with what you can claim
12:12 how to work out how much tax you will need to pay and how to pay it
18:28 how to register with HMRC
20:58 Paying Taxes for Self-Empolyed Uber while already in an PayE role
23:55 do people have to send receipts and bank statements to an accountant?
27:43 can union fees be claimed as an expense on my taxes?
28:54 can meals while working uber be claimed as an expense?
34:37 is charity donations counted as tax deductible?
35:56 are pension contributions tax deductible?
37:36 whats best flat rate for mileage or actual costs?
39:45 How Car value depreciation (capital allowances) works and car finance with taxes
43:44 what's better for Uber buying or renting a car
45:22 common missed expenses on uber
49:28 taxi uber accountant cost




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