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New Year, New Business Goals

New Year, New Business Goals

New Year, New Business Goals

Calling all salon and barbershop owners! Book for Creative HEAD’s business networking event and set yourself up for a brilliant year ahead

by JOANNA | CONNECT

The business of hairdressing is challenging – perhaps now more than ever. But one thing is certain: you do not need to go it alone. In fact, togetherness is the beating heart of Salon Smart, Creative HEAD’s business networking event. 

Now it its 19th year, Salon Smart aims to serve and support salon and barbershop owners and managers across the UK and Ireland, offering unique insight, sharing experiences, and providing endless opportunities to connect with like-minded professionals. Large or small, urban or rural, established or newly launched – the one-day event agenda is abuzz with fresh information, advice and inspiration for every business. And the community spirit is second to none.

Taking place in London on Monday 7 April, a ticket to Salon Smart costs £100 plus VAT (£80 plus VAT for newsletter subscribers), and guarantees access to a schedule of candid talks given by industry innovators, debates on big topics, interactive and live Q&A sessions, and the hair and business brands that could transform the way you work. A hot and delicious lunch plus coffee and cake breaks will ensure you’ll feel satiated and supercharged to absorb every second!

But don’t just take our word for it, these are the words of one satisfied Salon Smart attendee: “Every salon owner needs a pick me up! Today lifted me to the moon. So much great content to take away and digest, then spring it all into action.” 

Relaxed, inclusive and relevant for right now, if you want to build a better business, get to Salon Smart.   

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Self-Employed? This Is How To Nail Your Tax Return

Self-Employed? This Is How To Nail Your Tax Return

Self-Employed? This Is How To Nail Your Tax Return 

If you hate maths, we have the tips on ensuring your tax return is less of a headache

by AMANDA | CONNECT

Tax can be a headache if you’re self-employed. Unlike being employed, where tax is automatically sent to HMRC from your payslip, sole traders must declare, calculate and pay tax manually via self-assessment. It can be daunting when you’ve not done it before. TaxScout’s head of finance, Francesca Morante, shares how to make it less of a headache with four tips to help you tackle your tax return. 

Understand The Tax Year And Deadlines

The tax year runs from April to April: 6 April to 5 April.

This means that a single tax year takes place between two calendar years e.g. 2024/25. Your earnings, profits and taxes are calculated based on this period. Check out the table for an example of how this impacts your tax return:

BUSINESS START DATE TAX YEAR DEADLINE TO FILE TAXES
1 November 2023 2023/24 31 January 2025
1 April 2024 2023/24 31 January 2025
30 April 2024 2024/25 31 January 2026

You have nine months from when a tax year ends to file and pay your self assessment bill. Put these key dates in your diary: 

  • 6 April: the start of the tax year
  • 5 October: the deadline to register for self-assessment
  • 31 January: the deadline to file and pay your self assessment 
  • 5 April: the end of the tax year

Get Familiar With The Taxes You Owe

As a self-employed person, you owe two major taxes – income tax and National Insurance. What you pay depends on your total earnings. The more you make, the more you pay. Here’s how HMRC charges income tax: 

EARNINGS PER YEAR TAX BAND TAX RATE 
Less than £12,570 Personal allowance 0% 
£12,571 – £50,270 Basic rate 20%
£50,271 – £125,140 Higher rate 40% 
More than £125,141 Additional rate 45% 

When it comes to National Insurance, there’s only one tax the self-employed pay, known as class 4 National Insurance. It’s fairly straightforward; on any income that’s more than £12,570 per year, you pay: 

  • 6% on your profit between £12,570 and £50,270
    2% on your profit of £50,271 or more

Maths not your favourite? Don’t worry! Try this income tax calculator instead to estimate what you owe. 

Learn The Vocab: Earnings, Expenses And Profits 

Wording is important, especially in tax. Earnings and profit are often used interchangeably, but they don’t mean the same thing. And they’re super-important when it comes to your bill.  

  • Earnings – this is everything you earn; all the money you make before any tax-free allowances, reliefs or other deductions 
  • Profit – your earnings minus allowances, reliefs and deductions 
  • Expenses – when you spend on your business. These can include accounting costs, hairdressing equipment and products etc, and you can deduct these from your total earnings to only pay tax on profit. These deductions are known as expenses 

Claim The Trading Allowance 

Did you know that sole traders don’t have to pay tax on the first £1,000 of earnings? It’s known as the trading allowance. Claim it in addition to the first £12,570 of your income that’s income tax and National Insurance free.

However, it’s only worth claiming if your expenses for the year total less than £1,000. This is because you can’t claim both expenses AND the trading allowance – it’s one or the other. So, claim whichever is higher: this will bring down the cost of your tax bill. 

Worried About Mistakes? Get An Accountant 

Staying on top of your tax situation isn’t only for the sake of good organisation. HMRC is vigilant when it comes to tax debt and mistakes made on your self assessment. There are penalties for missing deadlines, paying late and incorrect calculations. 

So, many self-employed workers opt to work with a professional accountant instead of tackling HMRC online solo. The benefits of using an accountant vs DIYing your tax return are:  

  • Reduced stress of having to educate yourself about tax 
  • Avoiding common mistakes that result in fines
  • Keeping your bill as low as possible by claiming relevant allowances and expenses 

But traditional accounting practices can be costly. TaxScouts.com try to combine the best of both. Your own accountant, a straightforward, 100 per cent online process – all for £169. 

Filing A Tax Return In January 2025? 

If you started your self-employed business anytime before 6 April 2024, you probably need to file a tax return for the 31 January deadline. The sooner you kick off, the sooner it’s sorted. File with TaxScouts by 31 January 2025 and you can get 10 per cent off your tax return. 

Visit taxscouts.com/partnership-creative-head. Need a little more help? Contact support@taxscouts.com. 

Owning My Brand: How Jodie Breeds Learned to Handle Her Own PR 

Owning My Brand: How Jodie Breeds Learned to Handle Her Own PR 

Owning My Brand: How Jodie Breeds Learned to Handle Her Own PR 

Why managing her own public relations has been empowering, cost-effective and essential for growing business

by CAITLYN | CONNECT

“From apprentice to salon owner, it’s been a whirlwind journey carving out my place in the hairdressing world. I started at TONI&GUY, working my way up through the ranks before opening my first salon at just 22. With a passion for colour and extensions, I quickly made a name for myself, winning awards and eventually becoming an educator for a leading extension brand. 

“When I started my family, I realised I needed more flexibility, so I moved into freelance work for a few years. It gave me the balance I needed between my career and motherhood. Recently, I took a big step and opened Haus of Finesse in the heart of Houghton le Spring. It’s not just a salon; it’s a co-working space with room for six freelancers in hair, beauty and education – a supportive environment where others can also grow their businesses. 

 

“With this new venture, I knew it was time to bring PR back into focus, both for my personal profile and for the salon brand. Social media is crowded, and I wanted to create a different angle to stand out and attract more opportunities. To do that, I decided to handle my own PR instead of hiring an agency. Cost was a big factor – I need to keep control of all my expenses. As an educator, I’m always eager to learn new skills, and PR has been no exception. I joined Hype Membership, which is a platform designed to empower freelance hairdressers by providing them with the tools and knowledge to manage their own public relations. Founded by Emma Seldon, who has over 20 years of experience in hair industry marketing, the membership offers a range of resources, including training modules, templates, and access to a supportive community. Learning the ins and outs of PR has been fascinating, and being able to apply it myself has felt incredibly empowering. 

“One of the best parts of learning to do my own PR is the flexibility it offers. I can put my little girl to bed and then get to work in the evening. The membership platform I use has an online hub that’s easy to navigate, with modules broken down so I can go at my own pace. The support and encouragement from Emma, along with the resources on the platform, help me stay on top of every PR opportunity without feeling pressured by tight deadlines. 

“Putting myself out there hasn’t always been easy. There’s always that self-doubt—wondering if I’m good enough or if I’m worthy of being featured. I’ve found that it’s really about pushing myself forward, hoping someone sees the hard work and dedication I put into everything I do. The community I’ve found in Hype Membership has been invaluable. Knowing I’m not doing this alone makes all the difference. 

“Connecting with other like-minded professionals through the membership has truly been a game-changer. We share tips, celebrate PR wins, and show that as freelancers, we don’t have to face these challenges by ourselves. Taking control of my own PR has been a journey, but it’s one that’s helped me grow my business and build my confidence in ways I never expected.” 

 

Haus of Finesse, Houghton le Spring, County Durham.

Hype Membership: Supporting hairdressers to do their own PR

Membership will open again in January.   Join the waiting list here: https://hypemembership.co.uk

How Freelancers Can Get Greener

How Freelancers Can Get Greener

How Freelancers Can Get Greener

Anne Veck and Keith Mellen, winners of Most Wanted Sustainable Hero 2021 & 2022, update their sustainability toolkit for independent stylists

by CAITLYN | CONNECT

Who says going green costs more? Anne Veck and Keith Mellen are here to bust that myth with their freshly revamped sustainability toolkit, tailor-made for freelance stylists, solo hairdressers and those based in co-working spaces. Not only is this toolkit packed with eco-friendly tips, but it’s also a surefire way to save money, boost profits and make your business stand out. 

Their latest offering is a re-imagined, freely downloadable toolkit packed with practical tips and advice on how to make your hairdressing routine greener without compromising on quality or style. 

This tool is designed to help stylists adopt eco-friendly practices that reduce waste, save energy and minimise their carbon footprint. It offers suggestions for quick wins, like reducing water usage or switching to sustainable products, as well as next steps for those ready to make bigger changes, like switching to green energy suppliers or adopting more ethical haircare brands. 

Whether you’re just starting your green journey or looking for fresh ideas to build on your existing eco-conscious approach, this toolkit is a must-have. It’s all about small, manageable changes that, together, can make a big difference. 

Find the FREE, downloadable PDF here

Relive the Magic From The 2024 Most Wanted and It List Grand Final

Relive the Magic From The 2024 Most Wanted and It List Grand Final

Relive the Magic From The 2024 Most Wanted and It List Grand Final

by CAITLYN | CONNECT

A whirlwind of talent, creativity, and triumph unfolded at the Creative HEAD’s 2024 Most Wanted and It List Grand Final! From boundary-pushing stylists to innovative work spaces, this year’s winners brought their A-game, redefining what’s possible in hair artistry and business. Throughout the evening we celebrated the biggest names as well as the boldest looks… An iconic ’90s fashion moment, delivered by ghd, lit up the room… And the infamous MWIT afterparty served extra sass and spirit. Take a look… 

Magic Moments From The Most Wanted And It List 2024 Grand Final

Magic Moments From The Most Wanted And It List 2024 Grand Final

Magic Moments From The Most Wanted And It List 2024 Grand Final

Get closer to the action from the MWIT24 Grand Final with a curated gallery of highlights from the night

by KELSEY | CONNECT

Over 650 guests, 22 winners, one Legend and countless glasses raised to toast all our wonderful finalists and winners. See what went down at The Beams London…