cardinal Posted March 12, 2015 Report Share Posted March 12, 2015 I just got approved to drive a week ago, so I have yet to figure out the tax implications of my shiny, new part-time employment as an Uber driver. I'm finding it very difficult to find any reliable tax advice that's pertinent to my situation, so I'm baffled. My next step will be to talk to a tax professional, but I thought I'd post here and maybe someone whose situation is similar to mine can weigh in on how they handle their tax payments. Quote Link to comment Share on other sites More sharing options...
fullpower Posted March 13, 2015 Report Share Posted March 13, 2015 Quote Link to comment Share on other sites More sharing options...
Mr. Wolf Posted April 13, 2015 Report Share Posted April 13, 2015 In the UK, I have been advised as a rule of thumb always aim to deduct or set aside upto 30% from your NET Profit. However I would seek professional advise, as you can include all sort of costs in your expenses, and decide to go as Ltd or sole trader. Seek that advise. Keep us posted. Good luck! Quote Link to comment Share on other sites More sharing options...