Accounting Services for the Beauty Industry in the UK
The beauty and wellness industry thrives on creativity, skill, and exceptional client experiences, but managing finances alongside delivering services can be a significant challenge. At Jermyn & Co, we specialise in providing tailored accounting services for hairdressers, beauticians, fitness trainers, and massage therapists across Norfolk and Suffolk.
From bookkeeping to tax planning, payroll management, and financial growth advice, our expertise ensures your business runs smoothly and efficiently, allowing you to focus on what you do best – creating exceptional experiences for your clients.
Why Jermyn & Co?
Why Choose Jermyn & Co for the Beauty Industry?
At Jermyn & Co, we understand the unique challenges faced by professionals in the beauty and wellness sectors. Our tailored accounting services help you:
- Save Time – Focus on your craft while we handle the financial details.
- Stay Compliant – Navigate tax laws and HMRC requirements with ease.
- Optimise Finances – Maximise your tax savings and cash flow.
- Plan for Growth – Use strategic insights to expand your services and achieve your goals.
Our personalised approach ensures your financial needs are met, whether you’re self-employed, running a small business, or managing a team.
Industry Expertise
Tailored Solutions
Proactive Advice
Extensive Experience
Jermyn & Co
Explore Our Core Services for the Beauty Industry
We offer a range of accounting and advisory services designed to support professionals in the beauty and wellness sectors:
1. Bookkeeping and Cash Flow Management
Keeping track of variable income and expenses can be daunting, especially in the beauty industry. We provide:
- Accurate tracking of income from multiple streams, including services and retail sales.
- Management of expenses such as salon supplies, fitness equipment, or travel costs.
- Insights into maintaining steady cash flow and increasing profitability.
2. Tax Planning and VAT Compliance
Tax compliance doesn’t have to be overwhelming. Our team helps you:
- Identify and claim allowable deductions, such as training, travel, and equipment costs.
- Manage VAT calculations and submissions for registered businesses.
- Navigate self-employment taxes and ensure you avoid penalties while maximising savings.
3. Payroll Services for Growing Teams
If you employ assistants, stylists, or trainers, we simplify your payroll by managing:
- Employee payments and tax deductions.
- National Insurance contributions and pension schemes.
- HMRC submissions, ensuring compliance with all payroll regulations.
4. Financial Reporting and Performance Analysis
Understanding your business’s financial health is key to success. We provide:
- Regular financial reports detailing profitability, revenue trends, and cost breakdowns.
- Insights to help you make strategic decisions, such as expanding services, investing in new equipment, or adjusting pricing.
5. Support for Self-Employed Professionals and Limited Companies
Whether you’re a freelancer or operate as a limited company, we tailor our services to meet your needs:
- For self-employed individuals: Simplified self-assessment tax returns and expense guidance.
- For limited companies: Annual accounts, corporation tax filings, and director payroll management.
6. Advisory Services for Business Growth
Looking to expand your salon, open a new fitness studio, or add to your team? Our advisory services include:
- Guidance on assessing the long-term impact of strategic decisions.
- Budgeting and cash flow forecasting to support growth opportunities.
- Financial planning for new investments, such as equipment or locations.
Jermyn & Co
What our clients say about their experience with us
Jermyn & Co
Frequently Asked Questions about Tax in the Beauty Industry
You can claim expenses such as salon supplies, travel costs, training, and professional equipment. We’ll help ensure all allowable expenses are included to reduce your tax liability.
You must register for VAT if your annual taxable turnover exceeds £85,000. We’ll help you navigate VAT thresholds and compliance requirements.
Yes, we specialise in managing the finances of individuals with mixed income streams, ensuring your tax affairs are accurate and optimised.
Our advisory services provide budgeting, forecasting, and strategic planning support, helping you make informed decisions about investments, hiring, or expansion.
Our Accountancy Services
We offer a range of services to help you manage your finances and grow your business.
Why Jermyn & Co?
Why Choose Jermyn & Co for Your Accounts?
At Jermyn & Co, we’re more than just accountants – we’re your partners in success. Our accountancy services are designed to help you:
- Stay Compliant – Ensure your financial records meet HMRC and Companies House requirements.
- Save Time – Let us handle the numbers while you focus on growing your business.
- Improve Efficiency – Streamline processes and reduce errors with expert support.
- Plan for Growth – Use actionable insights to guide your financial decisions and achieve your goals.
With our proactive approach, you’ll gain the confidence and clarity you need to succeed.
Why Jermyn & Co?
Why Choose Jermyn & Co for Business Tax?
Tax legislation in the UK can be complex and ever-changing, but with Jermyn & Co by your side, you’ll have access to expert advice and practical solutions.
Our services include:
- Strategic Tax Planning – Helping your business plan effectively to reduce your overall tax liabilities.
- Corporation Tax Filing – Ensuring accurate and timely submissions to HMRC.
- VAT Compliance – Assisting with VAT registrations, returns, and managing thresholds.
- R&D Tax Credits – Maximising available credits for your innovation and development projects.
- Self-Assessment Support – Tailored assistance for self-employed individuals or partnerships.
With our expertise, you can focus on running your business while we handle the numbers. We’re committed to helping you stay ahead of deadlines and legislation changes.
Corporation Tax Compliance
VAT Services
R&D Tax Credits
Tax Planning and Advisory
Why Jermyn & Co?
Why Choose Jermyn & Co for Personal Tax?
At Jermyn & Co, we understand that everyone’s financial situation is unique. Our personal tax services are designed to help you:
- Optimise Tax Efficiency – Leverage allowances, reliefs, and deductions to minimise your tax liability.
- Ensure Compliance – Stay on top of filing deadlines and HMRC requirements to avoid penalties.
- Plan for the Future – Align your tax strategy with your long-term financial goals.
- Simplify Tax Complexity – Let us handle the details so you can focus on what matters most.
From simple tax returns to complex financial arrangements, we provide expert advice and support tailored to your needs.
Proactive Tax Planning
Expert Guidance
Tailored Solutions
Stress-Free Compliance
Why Jermyn & Co?
Why Choose Jermyn & Co for Corporate Finance?
At Jermyn & Co, we understand that every business is unique. Our experienced team offers a personalised approach to corporate finance, helping you:
- Secure Financing – Access the funding you need for expansion, acquisitions, or working capital.
- Plan for Growth – Develop tailored financial strategies to achieve your business objectives.
- Manage Mergers & Acquisitions – Navigate complex transactions with confidence, from valuations to negotiations.
- Optimise Financial Performance – Streamline processes, reduce costs, and maximise profitability.
Whether you’re a start-up seeking investment or an established business exploring new opportunities, we’ll provide the expert guidance you need to succeed.
Business Valuations
Mergers & Acquisitions (M&A)
Fundraising & Investment
Financial Modelling
& Forecasting
Why Jermyn & Co?
Why Choose Jermyn & Co for HR Services?
At Jermyn & Co, we understand that every business is unique, and so are its HR needs. Our tailored HR services help you:
- Stay Compliant – Meet the latest UK employment laws and regulations with ease.
- Save Time and Resources – Let us handle the admin while you focus on growing your business.
- Engage Your Team – Build a positive, productive workplace with our employee engagement solutions.
- Grow with Confidence – Ensure your HR strategy aligns with your long-term business objectives.
Whether you need ongoing HR support or help with a specific issue, our experienced team is here to assist.
Payroll Management
HR Compliance
Employee Engagement & Retention
Training & Development
Why Jermyn & Co?
We offer tailored accounting services to various sectors through Norfolk & Suffolk.
Jermyn & Co
How We Help the Beauty Industry Succeed
At Jermyn & Co, we don’t just manage your accounts – we partner with you to support your business’s long-term success. Our proactive approach helps you overcome financial challenges, seize new opportunities, and focus on creating memorable client experiences.
Ready to Grow Your Beauty Business
Talk To Us
Schedule a free consultation to discuss your accounting needs.
Plan and Implement
We’ll create a tailored financial strategy for your business.
Achieve Success
Enjoy peace of mind with expert support and streamlined finances.
Related services offered
at Jermyn & Co
Sector-Specific Services and Related Offerings: