South West

Tax Guide for Taxi Drivers in Plymouth

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

Average Annual Earnings

£20,000 - £30,000

Average Annual Mileage

14,000 - 22,000 miles

Licensing Authority

Plymouth City Council

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Tax Estimate

Example Tax Calculation for Plymouth

Based on average Plymouth taxi driver earnings and mileage

Gross Income£25,000
Estimated Expenses- £6,250
Mileage Allowance (18,000 miles)- £6,500
Taxable Profit£12,250
Income Tax- £0
Class 4 National Insurance- £0
Estimated Take-Home£25,000

Total estimated tax: £0 - 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 Plymouth Drivers

1

Tamar Bridge and Torpoint Ferry tolls for Cornwall-bound fares are deductible business expenses

2

The naval base (HMNB Devonport) provides consistent military-related fares

3

Plymouth University students drive term-time demand

4

Summer tourism to the Barbican and Hoe waterfront areas boosts seasonal earnings

FAQ

Frequently Asked Questions

Common tax questions from Plymouth taxi drivers

Can I claim Tamar Bridge tolls?

Yes. Tamar Bridge tolls (currently £2.00 for cars) on business journeys to and from Cornwall are fully deductible. Use a TamarTag for automatic records and discounted crossings.

How much do taxi drivers in Plymouth earn?

Drivers in Plymouth typically earn £20,000-30,000 per year. The naval base provides consistent demand, while summer tourism creates a peak season bonus.

Is Plymouth a good place to drive a taxi?

Plymouth offers lower earnings potential than larger cities but also lower competition and living costs. The naval base, university, and tourism provide a diversified income base throughout the year.

File Your Tax Return from Plymouth

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