If I pay £10 for a taxi, how much of that goes to the driver, to the rank, to the government etc?

Question

I want to know where each penny goes for an average journey.

Answer 1

Good question, but very difficult to give you the answer your looking for!
simply, a driver needs to pay on a weekly basis....... =
£80+ radio, £30+ insurance, £35+ maintenance and licencing costs, £10+ badge and CRB, £100+ fuel, £15+ tax / NIS.
Rough guide is £300 on the meter per week before you start to earn......
Approx 60 fares at an average of £5.00 a fare, so usually Friday or Saturday before a wage is actually being earnt!
It really aint easy earning a living in this game.
Breakdowns and other down time cost money.
Cleaning up after customers also costs time and money!
bottom line, I'd say, based on a 65 hour week, 120 fares, after expenses, I'd be lucky to clear £300.
and thats a good week!
Tips average 2.2% only.
Also, some drivers rent their cars, so overheads are higher!
To answer your question, maybe of your £ Tenner, approx £1.00 or less is the drivers own...............sob sob........

Answer 2

I am a hire car driver and my breakdown is as follows:-
40% to the driver - but he will pay roughly 25% of that on tax.
The remaining 60% is on Road Tax / Insurance / Fuel / Depreciation / Repairs / Maintenance / Loan interest / profit / etc.

I'm sorry I cannot break that down for you but as you can imagine, a LOT of that goes to the government !

Answer 3

only 30% goes to the driver i drove a cab in texas for 3days.