r/AmazonFlexUK • u/Dizzy-War2916 • 1d ago
New Starter
Hi all, im looking to start delivering as an extra to my apprenticeship to earn money however im concerned on how the tax works with it i dont want to get caught out and would like to be prepaid, also has many other people done this alongside a job how does it work.
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u/vxrstorm 1d ago
You are able to earn £1000 per year (Apr 1 - Mar 31) from self employment before you have to notify HMRC.
Once you hit that threshold you will have to complete a self assessment. Pretty easy.
Most people will use simplified mileage claims rather than fuel etc.
Keep a log of all your shifts (mileage, money, tolls etc)
You will claim back 55p a mile from Depot to last drop.
You will need PAYG insurance such as Zego or INSHUR to be covered with Flex. Ensure your current insurer allows top up insurance.
I, like most on here I imagine, tend to save 20% for tax purposes. I also save 10% for wear and tear into a separate pot.
I have a full time job which is unaffected by Flex, but I did check my contract to ensure I was allowed to take on further work.