If you earn any untaxed income during the tax year (7 April to 6 April), you must report it to HMRC, no matter the amount. Once your income exceeds the Personal Allowance of £14,670, you must pay tax on the excess.

The tax you owe depends on your total earnings.

Typically, you’ll need to pay Income Tax and National Insurance, unless you have additional sources like capital gains to declare.

The deadline for filing and paying your tax return is 31st January following the end of the tax year.

However, your tax bill is divided into two payments:

First payment: Due by 31st January

Second payment: Due by 31st July

This split helps to spread the cost over the year.

As a contractor, you typically pay tax by registering as self-employed with HMRC. You must file an annual Self-Assessment tax return, declaring your income and expenses.

You'll pay income tax and National Insurance based on your profits. It’s important to keep accurate records of your earnings and expenses throughout the year.

You may also need to make payments on account, which are advance payments toward your next tax bill. It’s advisable to seek guidance from a tax professional to ensure you comply with tax regulations.

Yes, as a self-employed person, you can claim business-related expenses, such as travel, equipment, and office supplies, as long as they are for business purposes.

As a self-employed delivery driver, you can expense a variety of costs related to your work. These include:

Vehicle expenses: Fuel, maintenance, insurance, and road tax.

Mileage: If you use your car, you can claim a set rate per mile (check HMRC's approved rates).

Phone and internet costs: A portion of your phone bill if used for business.

Uniform and equipment: Any work-related clothing, safety gear, or tools.

Parking and tolls: Fees incurred during your deliveries.

Office supplies: If you use a home office for admin work.

Ensure to keep accurate records and receipts for all expenses.