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The coronavirus interruption loan scheme (CBILS) isn’t working as planned. So Rishi Sunak has made amendments to the scheme, announcing them yesterday, 3rd April. If you have applied unsuccessfully, go back to the bank again. But wait a few days, as you’ll see below. Only around £90m of...

1. Stop trading Your salon, spa, studio, barbershop, must be closed. 2. Keep your Clients informed Keep in contact with them with regular updates and blogs. 3. Furlough your staff to get 80% of their wages back For all staff who are not on SSP, not on SMP/SPP, or cannot work from home, you...

Salons and spas need to be proactive at the moment and actively communicate with their client base to minimise client cancellations. It’s been seen that explaining the special measures your salon or spa has implemented to protect its clients is key. Remember, it’s a worrying time your clients...

COVID-19: latest HMRC advice (employers/employees) The latest advice has been issued by HMRC; and having read through it, the key points seem to be this: If an employee has symptoms of COVID-19, however mild, they should stay at home and not leave their house for 7 days Medical evidence is not...

Made a few notes after trawling through yesterday’s speech, which you might be interested in. Some good, some not so: The Budget was delivered today (11 March 2020) by the Chancellor Rishi Sunak (only a month into his new job) and the first Budget since Philip Hammond gave his fourth and last...

In preparation for salon and spa staff taking time off for the corona virus, I’ve revisited the rules around statutory sick pay SSP. It’s in law that you have to pay SSP; but you cannot reclaim it back Since 6th April 2014, an employer can no longer claim back any SSP it has paid to its...

Met with Timely this week and chatted with them through their booking + POS system. I’m not affiliated with them but I’ve got to say, I was really impressed. And they have some really good plans for the coming year. Just in case you were looking, here’s the link...

Hi everyone Just seeing if anyone else has this set up: A stylist is an employee of the salon (so paid via PAYE) on slow days but is allowed to be self employed on their busy days. Many thanks Andrew

In case anyone missed this as it was announced on New Year’s Eve: The government confirmed that the national living wage for over-25s would increase from £8.21 an hour to £8.72 from the start of April 2020. Rates will also rise across all other age groups, including: by 6.5% for...

Thought this was an interesting quick video from Trent Munday on the Top 4 Exceptions To The No Discount Rule:

If you are self employed or you are a salon owner who has self employed individuals: HMRC has just enhanced its CEST tool and published new guidance notes intended to provide users with greater clarity on the factors used to decide if someone really is self employed or not for tax and NIC...

With the election only days away, Salonfrog has compared the manifestos of the main 4 parties to see how their policies would affect the businesses of salons and barbershops. For this, we’ve ignored Brexit and Indi ref 2 and instead concentrated on the tax implications of each. It’s completely...

Can’t believe that Supercuts has gone into administration, and really feel for all the employees who work there. I hope it works out well for them. So I decided to look into why it’s got to where it is, and put the below together: Supercuts: why the hairdressing chain has entered...

Hi everyone, there is a very well known performance indicator (KPI) in the industry such that your stylists should be generating income for the salon of at least 3 times their wages. But does anyone know where this KPI came from? Why 1/3rd? I've always understood it to be that income is then...

Hi Everyone Just checking - if you had to pick just one, which magazine do you think Salon Owners read the most? I’m thinking of where we put our next advert, so any advice really welcome!

Hi All The new tax year has just started and with it are changes to income tax bands and allowances. Just thought I’d highlight them below: The personal allowance incresses from £11,850 for 2018/19 to £12,500 for 2019/20. The marriage allowance permits certain couples, where neither pays tax...

Hi All, just seeing if anyone is subscribing to Soundry playlists as an alternative to paying performance fees? https://www.soundry.com

Hi All. Just had this book delivered and wondering if anyone else has read it, or what they thought? I’ve not started it yet.

Hi everyone, Just listening to a Phorest podcast talking about Client retention rates. They're saying that a healthy industry standard should be 58%; being 30% for new Clients and 68% for existing Clients. Does this sound anything like you're seeing? Be really interested to know! many thanks...

Just seeing if anyone has this set up: Client books service on their phone or smart device. They receive a confirmation text and are asked to pay now (via Stripe or whatever). The appointment is marked as paid in the Salon’s software. Be interested to see how? Many thanks Andrew