We offer 3 different options to suit your individual needs.

Basic

includes invoice generation

  • Dedicated driver app
  • View and edit personal profile
  • Availability calendar
  • Amazon route confirmation
  • DPD route confirmation
  • DHL route confirmation
  • Any other custom route confirmation
  • Automated DVLA check
  • Daily vehicle inspections
  • Vehicle assignment details
  • Invoice generation

Plus

includes tax management

  • Dedicated driver app
  • View and edit personal profile
  • Availability calendar
  • Amazon route confirmation
  • DPD route confirmation
  • DHL route confirmation
  • Any other custom route confirmation
  • Automated DVLA check
  • Daily vehicle inspections
  • Vehicle assignment details
  • Invoice generation
  • Register for Self-Assessment
  • Submit self-employment tax returns
  • Liaise with HMRC
  • Digital expenses upload

Advanced

includes VAT management

  • Dedicated driver app
  • View and edit personal profile
  • Availability calendar
  • Amazon route confirmation
  • DPD route confirmation
  • DHL route confirmation
  • Any other custom route confirmation
  • Automated DVLA check
  • Daily vehicle inspections
  • Vehicle assignment details
  • Invoice generation
  • Register for Self-Assessment
  • Submit self-employment tax returns
  • Liaise with HMRC
  • Digital expenses upload
  • Register for VAT
  • Submit VAT returns
  • Retain VAT for paying VAT bills
  • Pay VAT bills; return any funds left in VAT pot

Please contact TaxQore or your DSP for pricing details.

Should I register for Standard rate VAT or Flat rate VAT?

VAT (value-added tax) is a tax on the sales of goods and services paid by consumers. 

If you are a self-employed driver and choose to be VAT registered, you must invoice £120 for every £100 you are owed (assuming the current 20% VAT rate applies). The VAT you collect (all or some) must be passed on to HMRC. This is typically on a quarterly basis, via a VAT return.

How much you pass on to HMRC depends on which VAT scheme you are on. We are currently offering two VAT schemes to self-employed drivers who want to maximise their earnings with VAT registration:

Standard VAT scheme

With the Standard VAT scheme, all the VAT you collect must be passed on to HMRC, minus certain expenses which you are allowed to claim VAT relief on.

Flat rate VAT scheme

With the Flat rate scheme you pay a fixed % rate of VAT to HMRC but do not typically claim any VAT relief on expenses. The rate you pay back to HMRC is generally lower than what you charge on your invoices.

Maximising your income with the HMRC Flat rate VAT scheme

Most of the drivers that use TaxQore opt for the Flat rate VAT scheme. This is because they can charge 20% VAT on their invoices but typically only pay 9% or 10% of this back to HMRC.

For example, if your weekly invoice is for £500, you will add another £100 VAT. Of this £100 VAT, you will only pay £60 or £54 back to HMRC. 

To find out if you could benefit from the Flat rate VAT scheme, get in touch.

Find out more