If you’re looking for a side hustle to make some extra income in the UK, consider becoming an Uber Eats driver.
With the cost of living crisis, incomes are more squeezed than ever. Delivering for Uber Eats and other fast food delivery apps can be a flexible and fruitful option.
But just how lucrative can being an Uber Eats delivery driver be?
Before you sign up, make sure you’re familiar with the requirements for the Uber Eats delivery platform.
You must be over 18 and hold a full UK driver’s license. If you’re using your vehicle (car, scooter, bike) it must meet Uber’s minimum standards.
If you choose to drive, you must have valid tax, insurance and full MOT certificate.
These criteria will be standard across the different fast food delivery apps and are not exclusive to Uber. Therefore it’s a good idea to check you have everything you need no matter which fast food delivery app you choose.
Did You Know? You can get an online Uber Eats insurance quote with INSHUR in minutes. You’ll also have coverage for Social, Domestic & Pleasure. Get a 30-day or annual fast food insurance policy in minutes.
Uber don’t publish exact numbers, so take the following with a pinch of salt!
However, on average the hourly rate for an Uber Eats driver ranges from £7-£14, or up to £120 per day. Bear in mind that driver salary can differ based on time of day, location, boosts in your area and demand.
Uber bases your pay for each delivery on 3 main factors:
Online estimates put the total Uber salary anywhere between £13,000 and £32,000 per year working 8 hours, 6 days a week.
Remember, these amounts depend on your location, delivery areas and the hours you work.
Uber will always show delivery fees before you accept or decline an order. This way there are no nasty surprises or short-changing!
Uber Eats offers incentives to help fast food delivery drivers earn more.
These allow you to deliver two or three orders from the same restaurant at the same time. This saves you repeat trips back to the same location, meaning you can make more money.
Uber will pay you for the miles between each delivery location.
At peak times, you’ll see boosts added to your normal fares. The busier the time, the higher the boost amount.
This means that during peak hours, you can expect to make more money per fast food delivery.
In the app, you can find a Live Map showing the current boosts for each zone. Up-coming Boosts are in the promotions hub in your app.
Customers can add tips up to 7 days after delivery. Any money made from tips is entirely yours, as Uber Eats doesn’t take a service fee for tips.
You can read more about boosting tips here
If a restaurant cancels the order, it’s likely that you won’t receive any pick-up fee.
If you cannot locate the customer despite your best efforts, you will still receive your delivery fee.
Uber states that drivers receive payments in three ways:
Uber’s pay period runs from Mondays at 4am to the following Monday at 3:59am
You can access your earnings instantly when you cash out on the app. You can cash out at any time, up to a maximum of 5 times a day.
Previously known as Flex Pay, you can get your earnings within two business days if you cash out before 2pm, Monday – Friday. You can cash out anytime, but only once per day.
Note that some banks may take longer to process deposits in your account. Be sure to contact your bank if you think there’s a problem.
Uber Eats delivery drivers are self-employed contractors. This is the norm across the gig economy industry.
This means you are responsible for your own taxes and for covering your own expenses.
Uber will notify HMRC when you sign up as a new driver and provide them with your details. You will also have to register with HMRC and submit a tax return at the end of each tax year.
If you know any accountants, now is a good time to give them a call!
We mentioned above that you’re responsible for your expenses, but what does this mean?
You’ll have to pay for your fuel, MOTs, services and anything else associated with your vehicle. It’s a good idea to have adequate breakdown coverage in case of emergencies too.
You need a phone with a good data plan to receive orders and be online whenever you need.
After a busy day, there’s nothing worse than a pile of tax returns. So get an accountant on board to help you with expenses. They could help you get some money back on fuel, mobile contracts and mileage.
Most importantly, you’ll need the right level of insurance. Use INSHUR to get your personalised quote. All policies include social & domestic pleasure as standard.
The biggest draw to driving for Uber is the flexibility. You choose where, when and how often you want to work.
Boosts give you higher earning opportunities, and putting yourself in those areas during peak times can be fruitful.
Being an Uber Eats driver means that you’re your own boss – you work for Uber as a contractor. Other than that you’re totally self-empowered!
You don’t need any previous experience or special skills to become an Uber Eats delivery driver. As long as you meet Uber’s criteria for their drivers, you’re good to go.
If you’re already an Uber driver, you can sign up and deliver for Uber Eats and get started. Plus, if you’re insured with INSHUR, you’re automatically covered for fast food delivery.
Lastly, and most importantly, plan ahead and make sure you’ve got the right insurance today. Get an instant online quote with INSHUR and be on the road in minutes.