Tax Guide for Taxi Drivers in Nottingham
Everything you need to know about tax, licensing, and expenses as a taxi driver in Nottingham. Maximise your deductions and keep more of what you earn.
Average Annual Earnings
£23,000 - £33,000
Average Annual Mileage
17,000 - 25,000 miles
Example Tax Calculation for Nottingham
Based on average Nottingham taxi driver earnings and mileage
Total estimated tax: £307 - 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.
Tax Tips for Nottingham Drivers
Nottingham's Workplace Parking Levy does not apply to taxis picking up or dropping off passengers
East Midlands Airport transfers are popular and all associated costs are deductible
The two universities and the QMC hospital generate consistent demand
Trent Bridge cricket and Nottingham Forest matchdays create peak periods
Frequently Asked Questions
Common tax questions from Nottingham taxi drivers
Does the Workplace Parking Levy affect taxi drivers?
The WPL is charged to employers, not taxi drivers directly. If you park at a business premises as part of your work, you would not be charged. Taxi rank and public parking charges are separate and deductible.
How much do taxi drivers in Nottingham earn?
Drivers in Nottingham typically earn between £23,000 and £33,000 gross per year. Those covering East Midlands Airport and working evening shifts tend to earn at the higher end.
Can I claim East Midlands Airport parking?
Yes. Parking charges at EMA while waiting for or collecting passengers are deductible business expenses. Use the official taxi waiting area for lower charges.
File Your Tax Return from Nottingham
Join thousands of Nottingham taxi drivers who use Fyled to track expenses, calculate tax, and file with HMRC - all from their phone.