A Plaid Cymru MP has asked the Chancellor to cut VAT on labour-intensive salon services to 10% ahead of the autumn Budget
Ynys Môn MP Llinos Medi wrote to the Chancellor on 23 September asking for a 10% VAT rate for labour-intensive salon services, down from the standard 20%. The proposal is backed by the British Hair Consortium. Medi said the current system is affecting apprenticeship numbers and pushing businesses towards self-employed models, with VAT registration required above £90,000 turnover over a rolling 12 months.
Why it matters for your practice: membersSource: Nation.Cymru