Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Wed, 22 Nov 2023 14:16:11 GMT by
Some uber drivers want to set up alimted company nad get Uber to apy his weekly income his limited company, pay himself a small wage and pay corporation tax on profits made in this limited company. Is this arrangement acceptable to HMRC or he should remain as a sole trader.
Posted Tue, 28 Nov 2023 11:39:37 GMT by HMRC Admin 19 Response
Hi,

The decision to operate as a limited company is a matter for the drivers to consider. They may wish to seek professional advice from a tax adviser or accountant before deciding on how to proceed.

If the Uber income is paid to a limited company, then the IR35 rules may apply, for further information please see the weblink below.

Understanding off-payroll working (IR35)

Thank you.

You must be signed in to post in this forum.