questionText: To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of VAT on the financial sustainability of hair and beauty salons.
answerText: VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. VAT is also the UK’s second largest tax, forecast to raise £180 billion in 2025/26. Tax breaks reduce the revenue available for vital public ser...
heading: Personal Care Services: VAT