Ola · Tax Guide 2025/26

Ola drivers: here's every expense you can claim in 2026.

Most Ola drivers underestimate their mileage deduction. On 180 business miles a week, that's £4,212 in allowable deductions HMRC expects you to claim. GigShield logs every trip at 45p/mile automatically.

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180 miles/wk

Typical Ola driver business mileage per week

£4,212

Annual mileage deduction at 180 miles/week, 45p/mile

£842

Tax saved at 20% basic rate on £4,212 of deductions

Everything an Ola driver can claim

Most workers miss at least half of these.

Mileage on every Ola trip45p/mile, first 10,000 miles
Fuel costsonly if NOT using mileage rate — never both
Vehicle insurance (private hire proportion)
Vehicle servicing and repairsbusiness proportion
Private hire vehicle licence
TfL or local authority PHV licence fee
Ola service fee (commission taken)platform fees are a business cost
In-car phone mount and charging cables
Portion of phone bill% used for Ola work
Dashcam (purchase and fitting)
Air fresheners and car cleaning suppliesused to maintain the vehicle for passengers
Parking fees during trips
Congestion charge / ULEZpaid while working
Personal food and drinkNOT claimable
Fines, PCNs, or speeding penaltiesNOT claimable
Personal travel unrelated to Ola tripsNOT claimable

How much are you leaving unclaimed?

Drag the slider to see your estimated annual mileage deduction.

Miles per week150 miles

£3,510

Annual mileage deduction

£702

Tax saved (20% basic rate)

Start logging your miles for free →

How GigShield works for Ola workers

  1. 1

    Log every Ola trip mile

    Add trips manually or in bulk after each shift. GigShield applies the HMRC 45p/mile rate automatically and tracks your running total — so you know exactly when you hit the 10,000 mile threshold where the rate changes to 25p.

  2. 2

    Track vehicle and running costs

    Photograph receipts for insurance, servicing, your PHV licence fee, phone mount, and other equipment. GigShield deducts the correct amounts and stores everything for your self-assessment return.

  3. 3

    Export for self-assessment or file via MTD

    Download an HMRC-ready expense report for your accountant, or use GigShield's MTD submission to file your quarterly figures automatically.

Important — HMRC

Ola treats its UK drivers as self-employed contractors. Your earnings are subject to self-assessment, and if you earn over £1,000 from self-employment in a tax year you must register with HMRC and file a return. Under DAC7 platform reporting rules, Ola is required to share annual driver earnings data with HMRC — which means HMRC already has your income figure. Your documented deductions are what reduce your taxable profit. GigShield builds that evidence automatically.

Common questions

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