Since the recent budget announcement, salon owners have been forced into a highly challenging position, with many questioning their future business structure and their ability to afford the pending business costs. The increased financial pressure on salon businesses has put the entire future of PAYE employing and VAT paying salons and apprenticeships at risk.
The British Hair Consortium believes that the primary fundamental factor that will make the difference between employing salons surviving, or not, is cutting VAT to 10%. It believes this would be the lifeline that many salons need to ensure their businesses can stay solvent.
To support this, The British Hair Consortium has commissioned the highly respected voice of business authority and arguably Britain’s biggest business lobby group, The CBI (Confederation of British Industry), to create a report to demonstrate the true risk that hairdressing and beauty salons are facing and demonstrate why a cut to 10% VAT is essential to save salon employers.
The findings of the report will be presented on National Salon Employers Day, on the 10th February, when The British Hair Consortium are reaching out to salon owners to invite their local MP to their salon to present the report.
Toby Dicker, co-founder of The British Hair Consortium said: “This is the ideal time to share the report findings with MP’s throughout the country. We need the entire industry to pull together and share our report results in order to gain as much attention as possible. This is crucial and if we do not see a cut in VAT to 10%, then sadly many salons will close or be forced to change their business model imminently.”
For salons wishing to get involved and have access to the report, they need to head to www.salonemployersassociation.co.uk or click here where they can register their interest and in turn receive the published report, which will deliver strong supporting evidence for the need of a VAT reduction, presented in the exact way that it needs to be presented.
“If you are not able to invite your MP into your salon on this day, then we would urge you to hand deliver this report to them at their local surgery/clinic, or at the very least, we would be grateful if you could email it to them. It is only by joining together as an industry, by inviting other local salons to join our cause and by spreading the word amongst our peers that we will break through,” says Hellen Ward SEA Co-founder.
