03 August Update – Sign the open letter 04 August Update – Cosmetic Business ArticleScratch Magazine Article01 August 2020 Dear Mr Prime Minister. Re: Our Beauty Industry My name is Ria-Jaine Lincoln MAAT, I am a trained lash and nail technician but also Accountant to the hair and beauty industry. Today should be the day that my clients and other …
Should you really open as soon as the government says go?
Article contains affiliate links I have recently read a BBC article discussing the impact of COVID for salons after lockdown as the lockdown measures are relaxed. There has been a lot of uncertainty for the UK hair and beauty industry and business owners are keen to know what returning to work is going to look like. One thing that is …
Self-employed workers
𝗠𝘆𝘀𝗲𝗹𝗳 𝗮𝗻𝗱 𝗺𝘆 𝘀𝘁𝗮𝗳𝗳 𝗵𝗮𝘃𝗲 𝗮𝗹𝗹 𝗱𝗲𝗰𝗶𝗱𝗲𝗱 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝘀𝗵𝗼𝘂𝗹𝗱 𝗴𝗼 𝘀𝗲𝗹𝗳 𝗲𝗺𝗽𝗹𝗼𝘆𝗲𝗱. I hear this every single day be it in conversation with clients, potential clients or on the facebook forums 🤯Most often the reason is because it works out better financially.. If this is the only reason that a salon owner is choosing to go self employed whilst …
3 Types of Business Costs and Why They Matter
When people speak about business costs they typically speak about one type of business cost, revenue or business expense. There are in fact 3 different categories of business cost as listed below: 1. Capital 2. Business 3. Personal Sometimes people confuse the three and this can cause errors when completing the business accounts or tax returns. Capital Expense This is …
5 Things You Can Do Today To Make Tax Filing Easier
1. Go Online Register to file your tax return online as this is one of the quickest and easiest ways to submit the tax return that is due 31 January 2020. If you submit a paper return you needed to complete this by 31 October 2019 and that is already passed so if you haven’t registered for online tax return …