App taxi and PHV drivers preparing for Making Tax Digital need to record gross fares, not only what lands in the bank after platform commission.
trade reporting worked example: £1,000 of passenger fares with £200 commission leaves an £800 payout — recording only £800 as turnover can understate income and miss the matching cost. Multi-app drivers (Uber, Bolt, Freenow plus cash and card) rarely have one statement covering everything; bank lines often lump journeys. MTD requires digital records and quarterly updates; operators’ statements help but do not replace the driver’s own books. TaxNav told trade reporting quarterly filings summarise income and expenses, with underlying digital records supporting the totals.