TaxiPoint

Making Tax Digital for Income Tax (MTD IT) is now a reality for many taxi and private hire drivers, but plenty of myths and misunderstandings still surround HMRC’s changes. Since April 2026, MTD IT has applied to self-employed people and those with property rental income earning more than £50,000 a year. The threshold will reduce to £30,000 from April 2027 and £20,000 from April 2028, meaning many more drivers will be affected over the next two years. The good news is that MTD IT is often...

TaxiPoint has released its December 2025 magazine, offering one of its most detailed editions of the year as major regulatory, tax and operational changes reshape the UK taxi and private hire landscape. The 48-page issue, which marks the publication’s 80th edition, brings together national policy developments, regional reactions and frontline industry analysis during what Editor Perry Richardson describes as a decisive period for the sector. The cover story focuses on the Government’s...

Pictured: Craig Ogilvie, Director of Making Tax Digital at HM Revenue & Customs (HMRC) (Image credit: HMRC) If you're a self-employed...