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accounts-for-hairdressers

This page applies to:

– Hairdressers who rent a chair in a salon (independent contractor)

If you are starting out in business as a hairdresser and renting a chair from a salon then firstly CONGRATULATIONS! It can be scary starting a business but we know it’s an amazing thing to do and ultimately far more rewarding when you are your own boss and in charge of your own destiny.

We also appreciate that part of people’s fear of starting a business is just that… ‘Business’. Paperwork, bank statements, invoices, legal stuff… and more paperwork! In truth though, once you get your head around, it all it’s rather straightforward. The only problem is the lack of knowledge and the stress this causes.

And this is where H&H Accountants can help because we work with loads of small businesses and help lots of people enjoy the freedom of self employment. We basically sort out the legal stuff, do all the paperwork and let you concentrate on doing what you do best… styling the perfect barnet!

But it’s going to cost me money!

Yes… that’s true! But ask yourself one question…

“Would you sooner be cutting and styling hair or doing paperwork?”

The truth of the matter is that in the time it takes to do your accounts you could be earning money cutting hair and pay a qualified accountant to do all the technical stuff. The result being that you keep doing what you are good at, we crunch some numbers and you are overall a far happier person. Simple!

To read in detail about chair rentals, visit the HMRC website.

Useful links:

VTAXPER68900 – Particular trades: Hairdressing: To whom do the stylists supply their services, the salon or the customers?

VAT: Hairdressers chair rental (PDF)

If you would like to arrange a meeting to discuss your accounting needs please email us at:

more@handhaccountants.com

Related Content:

can-i-rent-out-chairs-in-a-salon
HMRC-Guidelines-To-Rent-A-Chair-For-Hairdressers
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