Business / NEWS UPDATE
Salon owners urge Budget VAT cut as staffing pressures grow
Published · 1 min read
Salon owners, including Marcus Perkins, are urging Chancellor John Healey to reduce VAT on hair and beauty services from 20% to 10% in the upcoming Budget.
Perkins, who has run a salon for 22 years, fears rising costs and increasing self-employment are harming traditional businesses. The British Hair Consortium supports this call, arguing it would help with staff recruitment and training. Despite government reforms, salon owners still face challenges from higher wage and pension costs.