So today I was reversing out of our property onto a relatively quiet estate road. Our garage is situated at the back of the property and the reverse requires you to line up straight in order to reverse alongside the house to the road, the other side of the drive is a wooden fence, the gap is fairly narrow and requires concentration. Today I lined up straight and a glance in the rearview mirror showed the road to be clear directly behind me. I then relied on door mirrors as I reversed down the drive. As I approached the pathway I glanced left and right up the road and as it was clear reversed onto the road. At some point as I was reversing a taxi had stopped to drop a passenger at the house opposite directly behind me. I reversed into the taxi front passenger side wing causing relatively minor damage I would think. My car appears undamaged. On inspection of the damage to the taxi I noticed the front tyre was almost completely bold. I photographed this and I then swapped details with the driver and spoke to his company asking them to contact me in an hour as I was on my way to the doctors. I requested the driver returned to base to let his boss take a look. Now clearly with a bold tyre the taxi should not have been on the road, however the collision was I guess my fault entirely. I have protected no claims bonus so to that degree I have little to worry about. How to proceed? What advice can you give? At this stage I have not reported to my insurance. Thanks.