Frequently Asked Questions for Private-Hire Car Drivers

This document is a guide that addresses frequently asked questions for Private-Hire Car (PHC) and taxi drivers regarding tax filing and income reporting. It outlines the Pre-filling of Income initiative, which simplifies tax filing by allowing IRAS to automatically pre-fill driving income information based on data from third-party operators. The guide explains the opt-in process for drivers, the information transmitted to IRAS, and the implications of opting in with multiple operators. It details the Fixed Expense Deduction Ratio (FEDR), which allows drivers to claim 60% of their gross driving income as deemed expenses. The document also covers the requirements for filing income tax returns, including how to report income from both driving and full-time employment, and the necessary record-keeping practices for deductible expenses. Additionally, it provides guidance on claiming expenses and maintaining proper documentation for tax purposes.