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Bookkeeping and Accountancy for Mechanics

We'll take care of the accountancy and bookkeeping, so you can focus on your Mechanics business.

Maintaining accurate financial records is the backbone of any successful Mechanics business, and at SBX, we take this responsibility seriously. Our bookkeeping services for Mechanics offer:

  • Accurate Transaction Records & Reconciliation: Ensuring all your Mechanics business transactions are logged accurately and bank statements are reconciled regularly.
  • Efficient Invoicing & Payment Tracking: From generating client invoices to managing accounts receivable and tracking Mechanics business expenses, we oversee your cash flow, ensuring prompt payments and organised records.
  • Custom Financial Reports & Compliance: Delivering tailored monthly or quarterly financial reports that offer insights into your Mechanics business’s financial health for informed decision-making, alongside ensuring all records meet HMRC regulations.

99.2%

Proportion of small UK businesses against medium/large-sized

5.5m

Private sector businesses in the UK in 2024

Mechanics Business Accounts

Professional Accounts Preparation for Mechanics Businesses

Whether you run your Mechanics business as a limited company, partnership, or operate as a self-employed Mechanics, SBX Accountants provides complete accounts preparation and filing services designed to keep your Mechanics business compliant, organised, and ready for growth. Our team of Chartered Accountants manages your records from start to finish, ensuring accuracy and timely submissions to HMRC and Companies House.

  • Limited Company Accounts for Mechanics – We handle statutory accounts, profit and loss statements, and Companies House filings for Mechanics limited companies, keeping your business fully compliant and penalty-free.
  • Self-Employed Mechanics Accounts – We prepare accurate year-end accounts for self-employed Mechanics and Mechanics partnerships, integrating seamlessly into your personal tax return while ensuring all allowable expenses are claimed.
  • Management Accounting for Mechanics Businesses – Our detailed management reports deliver up-to-date financial insights, helping you track your Mechanics business performance, manage cash flow, and make confident decisions.

From statutory submissions to real-time financial reporting, we tailor our accounting services to match how your Mechanics business operates, digital-first, efficient, and always ahead of deadlines.

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Tax Returns for Mechanics

We can take care of your Mechanics Self-Assessment, Tax Returns and HMRC compliance

Filing tax returns as a Mechanics can be stressful and time-consuming. At SBX Accountants, we manage the full process for you so you can focus on running your Mechanics business confidently and stay compliant with HMRC requirements.

We provide complete, responsive support to help your Mechanics business stay compliant and identify potential tax savings across your business and personal finances.

1.1m

Self-employed people are required to file tax returns

£5.5bn

Estimated unpaid taxes in 2024

Payroll for Mechanics Businesses

Payroll and CIS Services for Mechanics

Running payroll for your Mechanics business can take up valuable time. Our payroll services handle everything for you so your Mechanics business stays compliant, organised, and stress-free.

  • Comprehensive Payroll Management for Mechanics: We manage your entire payroll process, from calculating wages and deductions to issuing payslips and submitting reports to HMRC. Our team ensures full compliance with PAYE and National Insurance regulations for Mechanics businesses.
  • Pension Scheme Administration: Our accountants manage pension setup, contributions, and auto-enrolment compliance for your Mechanics staff. We also handle opt-ins, opt-outs, and reporting to The Pensions Regulator so you stay compliant without the paperwork.

We also connect your payroll data to your Mechanics bookkeeping and company tax returns for accurate reporting across your accounts.

99%

Businesses required to provide workplace pensions under auto-enrolment laws

1.5m

UK businesses running payroll for employees

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Business Advice for Mechanics

Our Chartered Accountants provide tailored advice for Mechanics businesses

At SBX, our Chartered Accountants provide tailored support for growing Mechanics businesses. Whether you need help with cash flow forecasting, budgeting, or financial modelling for your Mechanics business, we’ve got you covered. We also offer practical business advice, including recommendations on software solutions that can enhance efficiency and organisation for Mechanics business owners.

With SBX, you’re not just getting accounting services; you’re gaining strategic partners dedicated to enhancing your Mechanics business’s success.

11.5%

Average revenue increase reported by UK small businesses that hire accountants

60%

Proportion of small firms in the UK that fail within three years, often due to inadequate financial management

Self Assessment for Mechanics

Expert Self Assessment Services for Mechanics

Completing a self-assessment as a Mechanics can be time-consuming and stressful if you’re unsure what to declare or how to file accurately. At SBX Accountants, our Chartered Accountants handle every stage of your Mechanics Self Assessment tax return to make sure it’s correct, compliant, and submitted to HMRC on time.

We provide tailored support for Mechanics in all business structures, including:

Our Mechanics Self Assessment service includes accurate tax calculations, HMRC submission, and full-year advice to help you plan for future liabilities and cash flow management in your Mechanics business.

Frustrated person completing Self Assessment tax returns surrounded by receipts, calculator, and SBX Accountants laptop.
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Starting a Mechanics Business

Start Your Mechanics Business the Right Way with SBX Accountants

Getting your Mechanics business set up right from day one saves time, tax, and future headaches. At SBX Accountants, we guide new Mechanics through every step of business setup and incorporation, from choosing the right structure to registering with HMRC and setting up your accounting systems for your Mechanics business.

  • Mechanics Business Structure Advice: Understand whether to trade as a self-employed Mechanics, partnership, or limited company, and structure your Mechanics business for growth, compliance, and tax efficiency.
  • HMRC Registration for Mechanics: We register your Mechanics business correctly for Self Assessment, Corporation Tax, VAT, PAYE, and CIS, ensuring full compliance from the start.
  • Mechanics Business Incorporation: From company formation to shareholder setup and confirmation statements for your Mechanics company, we manage the technical details and keep your records accurate and up to date.
  • Mechanics Business Process Optimisation: We streamline your Mechanics business operations, integrating efficient workflows and systems that improve cash flow and reduce admin time.
  • QuickBooks for Mechanics: As QuickBooks Advanced Certified Advisors, we set up your cloud software for your Mechanics business, automate bookkeeping, and provide ongoing training and support.

Whether you’re launching a new Mechanics business or transitioning from self-employed to a limited company, SBX Accountants gives you a clear, compliant foundation to build on.

Company Secretarial for Mechanics

Keep Your Mechanics Company Records Compliant with SBX Accountants

Staying compliant with Companies House and keeping your Mechanics company records accurate is a legal responsibility for every limited Mechanics business. Our company secretarial services make it simple. From filing your confirmation statement to updating director details or closing your Mechanics company, SBX Accountants handles every step quickly, correctly, and on time.

  • Confirmation Statement Filing for Mechanics: We prepare and submit your Mechanics company’s annual confirmation statement, review all information for accuracy, and cover the Companies House filing fee.
  • Mechanics Company Record Updates: Whether you’re appointing a new director, changing shareholders, or updating your Mechanics company’s registered address, we handle all filings to keep your company records compliant.
  • Mechanics Company Dissolution Services: Ready to close your Mechanics company? We manage the full process, from filing DS01 forms to settling accounts and removing your business from the Companies House register.
  • Mechanics Company Restoration: If your Mechanics company has been dissolved or struck off, we manage the entire restoration process so you can return to trading quickly and compliantly.

Our expert team ensures your Mechanics company remains compliant, up to date, and properly registered with Companies House, saving you time and protecting your professional credibility.

Open filing cabinet drawer with folders for Confirmation Statement, Company Records and Companies House Restoration, and a document stamped Filed, representing SBX Accountants’ company secretarial services.
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Our Promise to Every New Mechanics Client

When you join SBX Accountants as a Mechanics, we go beyond standard accounting services. Our new client promise gives you the confidence that your Mechanics business accounts, tax, and bookkeeping are handled by Chartered Accountants who understand Mechanics business needs. Here’s what you can expect when you come on board.

1

Financial Audit and Mechanics Business Review

Our Chartered Accountants offer a complimentary initial financial audit to review your Mechanics business books and accounts. We identify key spending patterns, inconsistencies, and opportunities to improve accuracy and efficiency in your Mechanics business.

This detailed review gives us a clear understanding of your Mechanics business performance so we can recommend ways to strengthen your bookkeeping, tax returns, and overall financial management.

2

Free Bookkeeping Backdating for Mechanics

If your Mechanics business accounts are behind, our team can bring your bookkeeping and tax records up to date for the last four months at no extra cost. We’ll review all Mechanics business transactions, reconcile statements, and correct any discrepancies.

This free backdating service helps your Mechanics business stay HMRC compliant and gives you accurate, current financial records to plan ahead with confidence.

3

Mechanics Company Formation

Thinking of setting up a new Mechanics company? Our team can help with every step of the process, from company incorporation and choosing the right business structure for Mechanics, to registering your Mechanics business with HMRC and setting up QuickBooks accounting software to manage your Mechanics business finances efficiently.

At SBX Accountants, Mechanics company formation is a complimentary service for our clients; you’ll only pay the standard Companies House filing fee when setting up your Mechanics limited company.

4

Referral Program

  • When you refer a business to us and they sign up for our services, you’ll receive a referral fee between £50 and £200 depending on their plan.
  • There’s no limit to how many businesses you can refer, so start sharing the love!

Secure Client Portal for Mechanics Accounting

Our SBX Client Portal, powered by TaxDome, gives Mechanics a simple way to manage documents and approvals. Use the mobile app to scan and upload receipts and invoices from your Mechanics work, sign documents electronically, message our team securely, and view billing and payments in one place.

  • Document upload and storage: Scan and submit Mechanics business receipts and invoices from your phone for bookkeeping.
  • E-signatures: Approve engagement letters and tax documents quickly and securely for company tax returns and VAT returns.
  • Secure messages: Ask questions and share information about your Mechanics business with our accountants in a private thread.
  • Billing and payments: View invoices for your Mechanics accounting services and pay online inside the portal.
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IR35 Explained

IR35 is a UK tax legislation aimed at preventing tax avoidance through disguised employment. It ensures that employers cannot hire workers on a contract basis to bypass employment benefits and Employers’ National Insurance Contributions.

Understanding whether your work falls inside or outside IR35 is crucial for paying the correct taxes and avoiding HMRC penalties. This guide provides an overview of IR35 to help you stay compliant. For more detailed insights, explore our comprehensive IR35 resources to better navigate these complex rules and assess your status accurately.

IR35 is a UK tax legislation aimed at preventing tax avoidance through disguised employment. It ensures that employers cannot hire workers on a contract basis to bypass employment benefits and Employers’ National Insurance Contributions.

Understanding whether your work falls inside or outside IR35 is crucial for paying the correct taxes and avoiding HMRC penalties. This guide provides an overview of IR35 to help you stay compliant. For more detailed insights, explore our comprehensive IR35 resources to better navigate these complex rules and assess your status accurately.

Simple, Smart and Reliable Accounting Support for Small Businesses

At SBX Accountants, we combine expert financial guidance with practical solutions that keep your business compliant, organised, and ready for growth. Here’s how we help every client stay in control of their finances.

Simple Accounting Solutions

We make accounting straightforward by simplifying complex financial processes so you can focus on running your business with confidence.

Tax Planning and Compliance

Our tax planning services help reduce liabilities and improve cash flow, ensuring your business stays compliant with HMRC regulations.

Clear Business Guidance

We provide practical advice and ongoing support to help you make informed decisions, manage growth, and overcome financial challenges with ease.

Clients Who Trust Our Accounting Services

We support small businesses, contractors, and growing companies across the UK with professional accounting and bookkeeping services. From local startups to established firms, these clients rely on SBX Accountants to keep their finances compliant, efficient, and under control.

Chartered Accountants in London & Slough for Small Businesses

SBX helps you stay compliant & keep more of what you earn with expert tax, accounts, and bookkeeping services.

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