Best answer: Do taxi drivers make good money UK?

Is it worth being a taxi driver UK?

Overall, the UK’s taxi drivers are a much more varied and skilled group of people than most people realise. Certainly if you’re a people person or like being left to your own devices without too much interference, then the taxi trade could be a great choice for your career.

How much do taxi drivers make per hour UK?

The average taxi driver salary in the United Kingdom is £29,250 per year or £15 per hour. Entry level positions start at £21,084 per year while most experienced workers make up to £41,600 per year.

Is being a taxi driver good money?

As a one-person business, it’s largely down to you. If you’re prepared to put in the hours and work at anti-social times, your profits could soar. Of course, set-up costs are quite high if you’re self-employed as you’ll need to buy or lease your vehicle, and pay for licences, petrol, maintenance and taxi insurance.

Is taxi driving a good career?

Almost all taxi drivers are self-employed and as a result, can work the hours they want to work. In most cases however, this may only apply to those that do the job to earn a little ‘pocket money’. In reality, most taxi drivers will need to earn a decent income to survive and will need to work when work is available.

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Is being a cab driver a good job?

A job with a low stress level, good work-life balance and solid prospects to improve, get promoted and earn a higher salary would make many employees happy. Here’s how Taxi Drivers and Chauffeurs job satisfaction is rated in terms of upward mobility, stress level and flexibility.

Where do taxi drivers make the most money?

Best-Paying States for Taxi Drivers and Chauffeurs

The states and districts that pay Taxi Drivers the highest mean salary are Alaska ($44,230), New York ($41,600), Washington ($41,590), Massachusetts ($41,030), and District of Columbia ($38,990).

How are taxi drivers paid UK?

Taxi drivers in the UK can earn upwards of £30,000 per year. Many of the UK’s cab drivers are self-employed, and so paid by the hour/day—meaning they’re free to work (and earn) as much as they like. The average taxi driver in the UK is paid between £9-£15 hourly.

What is the average salary of a taxi driver?

The report shows the average taxi earns fares of $74,800 a year. After deducting costs including payments to operators and cleaning, the taxi’s drivers are left with $58,000 a year. Split between two drivers based on 50 hours of driving each, the take-home pay is $29,000.

Do cab drivers own their cars?

Vehicles are generally owned, inspected, and maintained by the taxi company and are leased to the drivers. Some of the companies have “owner drivers,” who are drivers that own their own vehicle, pay a reduced weekly lease, and have to pay for maintenance on the vehicle.