Tax Reform

Tax reform

Fighting for … fairer tax, VAT and National Insurance

Our campaign:

• A fairer VAT system for salons and barbershops with employees (compared to those with self-employed chair/room renters).
• A lower VAT rate for labour-intensive service industries, such as salons/barbershops.
• Tiered VAT rates so a large VAT bill is not payable as soon as the threshold is reached.
• A fairer National Insurance system so employers do not have to pay 13% contributions while those with chair/room renters pay nothing.

Useful resources from the NHBF:

• Members’ tax and VAT helpline
• Member-only guide to business finances
• Making Tax Digital – new rules for VAT returns
• Accountancy, tax and VAT