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Hairdresser’s guide to renting a chair in a salon

The chair rental fee is normally either a fixed price or a percentage of the takings taken. In some circumstances, a mixture of the 2 approaches might be taken; a smaller fixed fee & a percentage of the takings....

June 2, 2023

A guide to expenses for hairdressers & beauticians.

What Are Expenses? Expenses refer to anything you spend money on that has to do with running your business. As a beautician or hairdresser, this could be anything from shampoo and conditioner, to further training to keep up with industry standards. As such, any of these things you spend money on can be claimed back which, in turn, can minimise your tax bill. Expenses of a Self-Employed Hairdresser/ Beautician There are plenty of expenses you could be racking up as a hairdresser or beautician.. A...

August 31, 2021

Does worrying about whether you’re going to get paid on time, keep you awake at night?

... if you want to stay in business. Cash flow is after-all, the ‘heart beat’ of any business.  The National Federation of self-employed & small businesses’ has conducted research, which shows that ‘37% of small businesses have run into cash flow difficulties’. Therefore, unless you are very proactive when it comes to managing your cash flow, it can be a slippery slope. Not only is it a financial burden, but an emotional one as well. ...

July 15, 2019

Can I claim a suit as a business expense?

  HMRC are very strict when it comes to what clothing you can & can’t claim as a business expense.  There is a term ‘Everyday wardrobe’ which is often used by HMRC. Clothing which you could wear, whilst not working, is usually not an allowable expense. Clothing, like all business expenses, must meet the fundamental rule of being ‘wholly and exclusively’ for business use. ...

June 5, 2019 Posts 1-4 of 4 | Page