Running a mobile mechanic business can mean substantial spending on tools, parts, insurance and travel. Good records help separate those business costs from personal spending and give you a clearer picture of your actual profit.
Common mobile mechanic expenses
- Tools, diagnostic equipment and workshop equipment used for the business
- Parts and consumables purchased for customer jobs
- Protective clothing and qualifying workwear
- Business insurance and relevant trade cover
- Advertising, website and business software costs
- Business phone costs using the appropriate business-use proportion
- Van or vehicle costs where allowable, or eligible business mileage if using the simplified method
- Accountancy and qualifying professional costs
Vehicles and expensive tools need care
The tax treatment of vehicles and major equipment can depend on how they are bought, how they are used and your accounting method. Keep detailed invoices and records, especially where there is any private use.
Keep job costs organised
Recording parts, consumables and other costs as you incur them makes it easier to understand what each period of trading has actually earned. TaxSnapper helps sole traders keep income, expenses and receipt images together.
See TaxSnapper for mobile mechanics →
This is general information rather than individual tax advice.