Why Choose Moonstone Accountants for your Barbers, Hairdressers, and Beauty Salon Needs

Hairdressing salons and barber shops form the focal part of any high street and are essential to our business and everyday life. As a hairdresser or a barber concentrating on developing and growing your business, the last thing you want to be worried about is your hairdressing business accounts, barbers business accounts, or your tax responsibilities as a hairdresser or a barber. This is where Moonstone Accountants can help you.

As a hairdresser, we understand that you work hard to make a success of your business daily. With only so many hours in the day, chock-full diaries, and clients phoning and booking appointments online constantly, we know how hard it is for you to find the time for anything else beyond staying on your feet and keeping clients happy. Moonstone Accountants’ specialist salon accountants understand the demands on you and can take some of the stress out of keeping your paperwork in order and staying on time with payroll for salons, VAT for salons, or other financial requirements for salons.

Benefits of Choosing Moonstone Accountants for your Accounting Needs

Moonstone Accountants have a clear focus when it comes to the accounting and tax needs of hairdressers and barbers. We have been providing accounting advice and tax advice for hairdressers and barbers for many years. Whether you need help with the preparation of accounts for your hair salon or barber shop, cash flow forecasting, or any salon tax advice, whether it is income tax, capital gains tax, VAT, or inheritance tax, we will provide you with robust and cost-effective accounting advice and tax advice tailored to the hairdressing and barber shop industry.

We understand that London hairdressers are essential service providers in our local communities and are key to the success of every business on our high streets. Invaluable hairdressing services attract customers to neighboring businesses, as salon owners are some of London’s busiest business owners, experts who take pride in making customers feel good about themselves.

At the end of the tax year, all you will have to do is make a simple deduction of your expenses against your revenue and pay tax on that. Another advantage could be that expenses such as travel, equipment, and other items can be claimed on your tax return, thus reducing the overall size of your tax bill.

The main concern of any hairdresser should be growing their client base and honing their craft. That’s why often the most successful hairdressers employ an accountant to take care of their financial welfare and provide the correct advice, especially if you are self-employed.

Services We Provide to Barbers, Hairdressers, and Beauty Salon Therapists

Moonstone Accountants work with you as part of your team, continually supporting your progress with the following financial support services:

1. Monthly QuickBooks bookkeeping for salons, keeping track of all your income and expenses.

2. Timely quarterly VAT preparation for salons and HMRC submissions.

3. Monthly payroll for salons and pension administration for your team.

4. Preparation of ‘Rent A Chair Agreements for salons’ in accordance with National Hairdressers Federation guidance for stylists.

5. Provision of support on financial aspects of renting salon chairs, rooms, and facilities.

6. Providing scheduled commissions for your salon stylists.

7. Keeping all your tax obligations current by providing you with timely forecasts.

8. Helping you make timely and effective decisions with monthly financial reports for salons.

9. Forecasting for 12 months ahead to prepare you with salon development plans.

10. Arranging monthly meetings, at your convenience, to keep you in control of your ongoing financial affairs and keep your salon and hairdressing business thriving.

Whatever your business concerns, be they financial management, hairdresser business development, or otherwise, with Moonstone Accountants’ focused team of accountants who specialize in supporting London hairdressers and our network of related business and legal professionals, we are confident we can help with any of your business questions, however simple or complex.

Accountancy and Tax Services for Beauty Salons and Therapists

Beauty salons in London offer a wide range of services, catering to various beauty needs. From manicures and pedicures to facials and massages, these salons provide a sanctuary for relaxation and self-care. Skilled beauty therapists utilize their expertise to enhance their clients’ natural beauty and promote overall well-being.

London’s beauty salons are known for staying up-to-date with the latest trends and techniques. They offer innovative treatments such as microblading, lash extensions, and non-invasive skin rejuvenation. These services allow individuals to express their personal style and boost their self-confidence.

Therapists within beauty salons also provide holistic treatments, focusing on the mind-body connection. Services like aromatherapy, reflexology, and Swedish massages help alleviate stress, promote relaxation, and restore balance in daily life.

If you’re searching for reliable and expert financial services for your Beauty Salon or Therapist business, look no further than Moonstone Accountants. By choosing Moonstone Accountants as your trusted partner, you can rest assured that your Beauty Salon or Therapist accounting needs are in capable hands. With our specialized knowledge, tailored solutions, and commitment to your success, we will empower you to make informed financial decisions, optimize your profitability, and navigate the complexities of the Beauty Salon or Therapist industry. Don’t let accounting become a burden – let us handle it for you! Contact Moonstone Accountants today to get started on your journey towards financial success as a Beauty Salon or Therapist.