Uber is a great way to be your own boss and earn money. This is what you need to know if you want to start driving in London, Manchester, Birmingham, and other UK cities. So in this article, we will discuss how to become an Uber Driver UK.
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How to drive with Uber in the UK
It’s always good to earn a little extra money, especially if you’re on a tight budget. If you have more money coming in, you can make it easier to cover bills.
One way to earn extra money is to become an Uber driver. If you haven’t heard of Uber before, it sounds like a taxi service where you can book a ride through a smartphone app. All drivers have their own cars and charge nearby rates.
What do you need to become an Uber driver
You will need a Private Hire Vehicle License (PHV) license to become an Uber driver. You can pay for this through your local council and it usually costs around £ 100, although this may vary depending on where you live. Be sure not to go through the copycat website for this. This may charge you an additional fee as it will affect your PHV but you can easily do it yourself.
You may not say so, but you will also need your own car if you want to drive Uber. You can’t have an old vehicle – cars must be five years old or younger. If you don’t have a suitable car, Uber offers financial deals and discounts on new cars, but you should consider whether it’s worth it if you just plan to do a little work.
Auto insurance is likely to be more expensive than your usual coverage since you will need coverage for ‘commercial use’. Again you need to know if this is worth paying if you don’t want to work long hours as an Uber driver. Don’t be tempted to drive with a standard policy this could invalidate your car insurance.
What could you earn
What you can do as an Uber driver really depends on what you want to work for. According to Uber, drivers can earn an average of £ 565 per week between 35 and 45 hours, but if you only want to drive a few hours a week, you don’t get that much.
Uber also charges a 25 present service fee for anything you earn, so be sure to keep this in mind when calculating what you get. And you also need to think about the costs of gasoline: You will need to cut your bill for fuel.
How much will my PCO application cost?
A PCO application costs around £ 700 overall, but remember this can vary greatly depending on your particular situation. Obviously, you will have to pay less if you already have some of the necessary documentation, however if you need courses to prepare for your assessments or fail an exam, you may need to dig deep into your pocket.
Would you have to pay taxes?
If you are an Uber driver, you will need to register as a freelance and pay Income Tax on what you earn. This could change at some point, as an ongoing court case could mean that Uber drivers should be employed. But now, you will have to register and pay your own tax.
But if you don’t plan on driving a lot for Uber, you may not have to pay any income taxes starting in April. This is because a new tax exemption means you can earn £1,000 a year in business income without being self-employed and paying taxes.
Hope so the above Informational article how to become an Uber Driver UK is helpful and beneficial for you.