Contents
As London taxi drivers are self-employed and dictate how many hours they work, the role – and therefore the salary – is highly individualised. Estimates indicate that the average driver earns around £625 per week.
Also know, how much does a black cab driver earn UK? Most put in a 40- to 50-hour week and earn around £23,000 after expenses. It’s not a cheap business to run. A new vehicle costs £28,000, insurance £1,600 a year, garage fees another £1,300 and then there are repairs on top of that.
Moreover, how much do private hire taxi drivers earn in London? The average taxi driver in the UK earns between £20,000 to £30,000 per year. The average rate of pay per hour for a UK-based taxi driver is between £9 to £15 per hour, with rates often going into the range of £18-£25 during certain periods, such as bank holidays and Saturday evenings.
Considering this, how many black cab drivers are in London? There are currently around 21,000 black cabs in London, licensed by the Public Carriage Office. Elsewhere, councils have their own regulations. Some merely require a driver to pass a DBS disclosure and have a reasonably clean driving licence, while others use their own local versions of London’s The Knowledge test.
In this regard, how do I become a London black taxi driver?
- You must be at least 18 years old at the time of applying (although you cannot be licensed until you are 21 years old).
- You must hold a full DVLA, Northern Ireland, or other European Economic Area state driving licence.
- You must have the right to live and work in the UK.
Car company Splend estimates that in London weekly earnings can range from £250-£800 depending on how many hours you work. It says monthly pay before expenses can be up to £2,400. Separate research suggests drivers in Birmingham earn around £36,400 a year, while drivers in Manchester can earn up to £39,600.
Do taxi drivers earn good money?
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.
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?
How much does a Taxi driver make in United Kingdom? The average taxi driver salary in the United Kingdom is £29,250 per year or £15 per hour. Entry level positions start at £20,800 per year while most experienced workers make up to £42,500 per year.
How much do black cabs make?
“You need real grit and determination and perseverance to get through it,” he said. “That makes for a more dependable driver.” Once qualified, cab drivers earn an average of $45,000 to $50,000 a year.
How much do Uber drivers earn UK?
How much does a Uber driver make in United Kingdom? The average uber driver salary in the United Kingdom is £36,438 per year or £18.69 per hour. Entry level positions start at £29,250 per year while most experienced workers make up to £253,240 per year.
Are black cab drivers self-employed?
A black cab, however, is a relic. … Black cab drivers are self-employed and pay taxes like any other small business, and not many of them make such fabulous wealth from their job that it’s clear they could easily live off lower fares (though Uber fans will claim black cab drivers are minted to a man).
Are black cabs more expensive?
It is worth noting that people often assume that black cabs are prohibitively expensive. They are definitely more expensive that booked minicabs, however they often turn out cheaper than these unlicensed cabs, both literally and figuratively.
How much is a black cab license?
Paying the fees: Becoming a black taxi driver can be a costly endeavour. The process includes an £80 application fee, £200 for the written assessment, £400 for the oral interviews, up to £112 for the driving test and £192 for the licence fee itself.
Who owns black cabs in London?
T HE CITY’s favourite car hire group Addison Lee has acquired black taxi operator ComCab creating the capital’s largest cab company with more than 7000 vehicles.
How long does it take to become a black taxi driver?
The process typically takes between two and four years to complete and has been described as like having an atlas of London implanted into your brain. Black cabbie hopefuls must then pass a written test and a series of oral exams before they can get their licence.
Can you drive a black cab without the Knowledge?
As taxis can be hailed in the street and asked to go anywhere, taxi drivers must have a thorough knowledge of London. … There are thousands of streets and landmarks within a six mile radius of Charing Cross. Anyone who wants to drive an iconic London cab must memorize them all: the Knowledge of London.
How can I get PCO licence?
- Complete Criminal (DBS) Check.
- Pass Medical Test.
- Pass Topographical Skills Assessment.
- Topographical Assessment with Uber.
- Pass English Language Test.
- Complete the application form on the TfL Website.
How much do bolt drivers make in London?
Bolt, which launched in London in 2019, said it takes between 10% and 20% commission on fares from drivers, who currently earn about £20 an hour. Bolt currently has 65,000 drivers serving four million customers across 14 cities in the UK.
How much do Uber drivers earn?
Uber claims its drivers earn more than $21 an hour after costs, as the ride-sharing giant prepares for a $120 billion IPO in April and a political fight over the gig economy.
What is the average salary in London?
Average annual earnings for full-time employees in the UK 2021, by region. The average annual salary for full-time workers in London in 2021 was over 39.7 thousand British pounds a year, compared with 27.5 thousand pounds for workers in North East England, which was the lowest in the United Kingdom in 2021.
What is the average salary in UK?
In 2021, the average salary for the UK was £25,971 an increase of 0.3% compared to 2020. Full-time employed males are paid 18.05% more than their female counterparts, averaging £5,109 each year. Average male CEOs make £24,999 more than female CEOs each year, the largest financial discrepancy across all occupations.
How much does a truck driver make in UK?
Truck Driver Salary in the UK The average salary for a Truck Driver is £30,200 gross per year (£2,010 net per month), which is £600 (+2%) higher than the UK’s national average salary. A Truck Driver can expect an average starting salary of £24,200. The highest salaries can exceed £60,000.
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 ($45,040), Washington ($44,670), New York ($42,790), District of Columbia ($41,730), and North Dakota ($41,430).
How much does it cost to become a taxi driver UK?
Here is a rough guide to costs for getting a taxi driver and private hire licence in London. So, you can expect to pay in the region of £1,132.09 at a minimum to become a taxi driver in London. To become a private hire driver in London, you can expect to pay £627.50 or more, plus the GP fee for the medical.
How do I become a taxi driver UK?
- complete a driving skills assessment.
- have a full UK or EU driving licence, held for at least 12 months, or 3 years if working in London.
- pass background checks.
- pass a medical check.
- be over 18 but over 21 in some areas, including London.
