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Uber is saying if youre near 80k in on year you have to pay the VAT. But those 80k is the gross fare, so they take 25% from those 80k and then they are saying i have to pay another 20% vat from those 80k or the remaining of 60k? £80,000 gross fare £20,000 uber commission 25% £60,000 remaining before VAT £16,000 VAT tax £44,000 after VAT Now lets cut the costs of working for Uber from the remaining £44,000: Car rent/lease/finance - from £4000 to £8000 , depending of the car Fuel - from £5000 to £7000 Insurance - Minimum £2000 Car maintenance - minimum £2000 if you're lucky not to have major work done TOTAL=minimum £15,000 £44,000 minus the costs of being able to work= £29,000 AND now lets talk talk about the other TAX like NIN and profit TAX which can be another another 20% or a minimum of 10% right? and again your earning will drop This is around £2400/month your real income!! but bare in mind how many hours you have to work to make those 80k What a trap, i feel sorry for those who have to pay VAT, is better to work less and not pay VAT I am sure you can avoid VAT tax using different companies but still..... SO guys, don't work too much, if you re getting close to £80,000 get ready to register some LTD ANything below £70,000 , continue what are you doing