Self Employed Taxi / private hire Drivers , dont make much after costs

DriverDenny

I have heard that UC is focusing on getting people into the trade, they are not explaining in detail the full ins and outs of the cost involved in doing this.

Its been a myth that private hire / taxi drivers make loads of money. I decided to show people just how hard it is before they get forced into something.

the other day i posted a short 10 min, It is how to make a spreadsheet that covers every cost (you can claim on your taxes) of being a driver and how much you have to earn per hour just to get min wage.  With the new piece of legislation that passed in parliament about gig work being submitted to HMRC i thought people may what to know this. Its the massive number of questions i get in my car about it i figure it would be good to post here show that taxi drivers really don't make as much as people think and as much as UC is telling people.

hope this helps someone, if your already in the trade you may wanna do this if you haven't already

##edit##

Oh dear i cant post the link (new to site) if you search youtube for "driver denny" its my latest video, or if someone could reply with the url to it, that would be helpful

video called "Uber, Bolt, Lyft, Taxi, Private Hire Driver Potential Earnings And Cost Breakdown per hour "

deno2000

here is the link

very informative, am a driver myself so was all over this!

https://www.youtube.com/watch?v=uB6IhTQBPqA&t=11s

Bigwheels1111

Did 25 years as a mini cab driver, been out for near on 11 years.
Still have 30 plus friends still doing it.
I do not know how they manage now.

tomtom256

What benefit help are you actually after?