El Cid Posted April 25, 2022 Share Posted April 25, 2022 5 hours ago, Bargepole23 said: And staff costs and utility bills and business rates and other miscellaneous costs. Most small businesses are exempt from business rates, an electric shaver doesn't use much electric. Link to comment Share on other sites More sharing options...
ECCOnoob Posted April 25, 2022 Share Posted April 25, 2022 26 minutes ago, El Cid said: Most small businesses are exempt from business rates, an electric shaver doesn't use much electric. What about things like heat and light and water and property rental and insurance costs. What about replacement scissors, blades, combs, sterilising fluid, hair styling products, cleaning products. This is not just some bloke with a plastic chair and a cheap Poundland buzz cutter. Even the smallest simplest business operation has far more overheads than people think. Link to comment Share on other sites More sharing options...
Tipstaff Posted April 25, 2022 Share Posted April 25, 2022 12 minutes ago, ECCOnoob said: What about things like heat and light and water and property rental and insurance costs. What about replacement scissors, blades, combs, sterilising fluid, hair styling products, cleaning products. This is not just some bloke with a plastic chair and a cheap Poundland buzz cutter. Even the smallest simplest business operation has far more overheads than people think. All the above can be a claimed business expense against tax. It’s a lucrative business for most of the ones who know what they’re doing. I would still make the point that £7 for a 4 minute buzz cut is more than enough! Link to comment Share on other sites More sharing options...
El Cid Posted April 25, 2022 Share Posted April 25, 2022 57 minutes ago, West 77 said: Nonsense. Read this and educate yourself. https://www.gov.uk/apply-for-business-rate-relief/small-business-rate-relief Link to comment Share on other sites More sharing options...
Tipstaff Posted April 25, 2022 Share Posted April 25, 2022 2 hours ago, West 77 said: Nonsense. You can only claim business expenses against tax if you're making a profit. It takes much more than 4 minutes for an average hair cut. Your £7 for a 4 minute buzz cut would be lucrative if a barber was doing 15 cuts every hour they were open for business. In the real business World that doesn't happen. Well I suppose it’s quite subjective isn’t it? Does the business show or declare a profit? Do your customers have large or average sized heads? I wouldn’t get my clippers in a twist over it 😂 Link to comment Share on other sites More sharing options...
Tipstaff Posted April 25, 2022 Share Posted April 25, 2022 Mrs Tipstaff’s hair looks great now she’s been to the hairdresser. Eyebrows were sculpted too 👍😁 Link to comment Share on other sites More sharing options...
El Cid Posted April 25, 2022 Share Posted April 25, 2022 2 hours ago, West 77 said: How many small businesses do think work from a premises located on a high street with a rateable value of less than £15,000? I haven't a clue, how many? I understand that they would still pay some rates, unless it is considerably lower. Since we are discussing barbers and hairdressers, how many of those pay full rates? If it's a chain of shops, they pay. This is a Tory policy to help small businesses, I am assuming it does that. Link to comment Share on other sites More sharing options...
Tipstaff Posted April 25, 2022 Share Posted April 25, 2022 31 minutes ago, West 77 said: It's excellent news that Mrs Tipstaff's hair looks great now. I will add that any barber charging £7 for a hair cut would be better off financially if they ceased trading and got a job at Tesco stacking shelves. Also anyone who thinks charging £7 for a hair cut is a lucrative business should pack in whatever job they are doing assuming anyone employs them and go and join the circus to become a professional clown. Mrs Tipstaffs quiffing was the standard £60 which, given the chemicals used and the time cutting and tittivating took about an hour and 40 minutes with a very desirable result 👍😁 I wonder how many £7 buzz cuts one could do in an hour and 40 minutes? 🙄🤔 Link to comment Share on other sites More sharing options...
Bargepole23 Posted April 25, 2022 Share Posted April 25, 2022 (edited) 2 hours ago, Tipstaff said: Mrs Tipstaffs quiffing was the standard £60 which, given the chemicals used and the time cutting and tittivating took about an hour and 40 minutes with a very desirable result 👍😁 I wonder how many £7 buzz cuts one could do in an hour and 40 minutes? 🙄🤔 Depends on the number of customers. If you don't have any, then none, and you're making a loss. Not exactly earning a fortune on your missus' hair either. 36 quid an hour before costs. Edited April 25, 2022 by Bargepole23 Link to comment Share on other sites More sharing options...
cgksheff Posted April 26, 2022 Share Posted April 26, 2022 (edited) 8 hours ago, Tipstaff said: Mrs Tipstaffs quiffing was the standard £60 which, given the chemicals used and the time cutting and tittivating took about an hour and 40 minutes with a very desirable result 👍😁 I wonder how many £7 buzz cuts one could do in an hour and 40 minutes? 🙄🤔 ... don't forget that the hairdresser would have also been attending to one or two other clients at the same time. My "buzz-cutter" seems to do OK out of his solo business. (I have a £10 monthly trim) Works 4-day weeks, drives a nice car and manages at least two USA holidays every year. Edited April 26, 2022 by cgksheff Link to comment Share on other sites More sharing options...
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