Two thousand hair and beauty salon owners and workers have signed an open letter calling on Chancellor John Healey to halve the rate of VAT paid by the sector to 10 per cent, with the backing of all the industry’s trade bodies, according to campaigners.
The letter is accompanied by new research from the British Hair Consortium (BHC), which represents more than 50,000 professionals across the UK hairdressing and beauty industry. The consortium said the sector was “on the point of collapse” without an urgent cut.
According to the BHC, the sector lost nearly a quarter of its employees last year, 21,400 people, which it said was the highest proportion of any profession. The consortium put that at the equivalent of 20 employing salons disappearing every working day.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
