If you’re a self-employed hairdresser, perhaps you might be someone who visits their clients, or doesn’t own a studio.
All you need to do at the end of the tax year, you have to make a simple deduction of your expenses against your revenue and pay tax on that. Another advantage you can get is to claim certain expenses on your tax return such as travel, equipment and other expenses, thus minimizing the overall size of your tax bill.
Also by getting professional assistance from a reliable bookkeeping service provider, you can easily take care of your bookkeeping functions. Nexa Accountants is one of them whose bookkeeping functions for hair salon includes: