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Discover vital information about self-employed delivery driver taxes, ensuring you maximize your earnings while staying compliant.
As a self-employed courier, you must complete a self-assessment tax return. Organise your income records using a spreadsheet, including fares and tips. Track your profits as they'll be subject to Income Tax and Class 4 National Insurance. Claim eligible business expenses, such as fuel and vehicle repairs, to reduce your tax bill. Register for Self-assessment with HMRC and file your return to avoid penalties. Class 4 is based on your taxable self-employed profits, but you are only liable to pay class 4 NIC if your earnings exceed a certain amount.
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