The National Hair & Beauty Federation (NHBF) has launched a new survey targeting employers in the hair, barbering, beauty, and aesthetics sectors. This "State of the Sector: An Employer Survey" aims to collect vital evidence on the financial and operational pressures these businesses face.
The timing of this initiative is notable, following a government announcement of a temporary VAT cut for specific summer activities. The NHBF views this as an acknowledgement by ministers that tax policy can indeed stimulate consumer spending and support businesses. However, they point out that the wider sector awaits similar recognition.
The UK's hair and beauty industry is substantial, comprising 50,400 businesses that employ 178,178 people and generate £6.1 billion in turnover. Many of these are small operations with slim margins, making them vulnerable to rising costs and taxes. The survey questions will cover trading conditions, staffing challenges, apprenticeship costs, wages, National Insurance, VAT, business rates, and rent.
Findings from this survey are intended to inform the NHBF's policy advocacy. This includes efforts on fairer taxation, employment expenses, and recruitment strategies, as well as engagement with the Treasury and the Low Pay Commission before the Autumn Budget. The NHBF stresses that employers seek a fair operating environment to sustain jobs and apprenticeships, not special treatment.
While the government has shown willingness to use tax measures like VAT cuts to support certain consumer-facing industries, the NHBF is highlighting that year-round businesses like those in the hair and beauty sector also require consideration and support. The survey provides a crucial opportunity for employers to voice their experiences and influence future policy decisions.
