01 / BUSINESS COSTS

Costs that may be allowable

These are common examples. A cost is allowable only if it is wholly and exclusively for your business, so check GOV.UK guidance on expenses if you are self-employed, or ask an accountant.

  • Tools and diagnostic equipment may be allowable
  • Van costs or mileage may be allowable
  • Parts bought for jobs may be allowable
  • Insurance may be allowable
  • Training to update existing skills may be allowable
  • Business share of phone may be allowable
COMMON MISTAKES

Common mistakes

  • Leaving parts receipts separate from the job sheets for the repairs.
  • Mixing parts bought for jobs with personal purchases.
  • Combining business and personal van or phone use in one record.
  • Using both mileage and actual van costs for the same vehicle.
TRADE RECORDS

Records worth keeping for this trade

  • Job sheets showing work completed and parts used.
  • Parts invoices and receipts linked to the relevant job sheets.
  • Purchase and maintenance records for tools and diagnostic equipment.
  • Mileage log with date, destination, purpose and distance.

What links parts purchases to mobile mechanic work? Match parts receipts to job sheets showing which repair used them, and keep journey and van records separate from personal use.

02 / RECORD KEEPING

Keep records as you go

Keep receipts, invoices and mileage details as you work, and record business and personal use separately where needed. Organised records make it easier to prepare your Self Assessment return.

Not tax advice. Not affiliated with, or endorsed by, HMRC.