He was born at Parramatta to ex-convict Hugh Taylor, then a general agent, and Elizabeth O'Farrel.
He was educated at The King's School, Parramatta, and became a butcher, although he also worked as a journalist for the Sydney Morning Herald.
On 29 December 1846, he married Frances Eliza Connor, with whom he had six children; he converted to Roman Catholicism on his marriage.
[2] Taylor immediately resigned as he had received conflicting legal advice as to whether his contract to supply articles to a destitute institution disqualified him from office.
[3] He was re-elected in 1874,[4] but resigned in 1876 after he was referred to the Committee of Elections and Qualification as to whether he had a contract with the government.