Wales

Tax Guide for Taxi Drivers in Cardiff

Everything you need to know about tax, licensing, and expenses as a taxi driver in Cardiff. Maximise your deductions and keep more of what you earn.

Average Annual Earnings

£24,000 - £35,000

Average Annual Mileage

16,000 - 24,000 miles

Licensing Authority

Cardiff Council

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Tax Estimate

Example Tax Calculation for Cardiff

Based on average Cardiff taxi driver earnings and mileage

Gross Income£29,500
Estimated Expenses- £7,375
Mileage Allowance (20,000 miles)- £7,000
Taxable Profit£15,125
Income Tax- £511
Class 4 National Insurance- £153
Estimated Take-Home£28,836

Total estimated tax: £664 - This is an estimate based on 2026-2027 tax rates and average figures. Your actual tax will depend on your specific income and expenses. Use Fyled's tax calculator for a personalised calculation.

Local Tips

Tax Tips for Cardiff Drivers

1

Principality Stadium events (rugby, football, concerts) create massive peak demand

2

Cardiff Airport transfers to the Vale of Glamorgan are a consistent revenue source

3

The Severn Bridge toll was abolished in 2018, making Bristol-Cardiff runs more viable

4

Welsh Government may introduce different environmental zone rules - stay updated

FAQ

Frequently Asked Questions

Common tax questions from Cardiff taxi drivers

Do taxi drivers in Wales file tax differently?

No. All self-employed drivers in the UK file Self Assessment with HMRC regardless of which country they are in. The tax rates and rules are the same for England and Wales. Scotland has different income tax rates.

How much can I earn during a Principality Stadium event?

Major events at the Principality Stadium can see drivers earn £200-400 in a single evening. This income must be declared, so tracking it is important. Fyled makes it easy to log event-night earnings.

What are Cardiff taxi licence fees?

Cardiff Council charges approximately £190 for a driver licence. Vehicle licence fees are additional. DBS check and medical fees are also required.

File Your Tax Return from Cardiff

Join thousands of Cardiff taxi drivers who use Fyled to track expenses, calculate tax, and file with HMRC - all from their phone.