END OF FINANCIAL YEAR FOR HAIRDRESSERS AND STYLISTS

Logo - END OF FINANCIAL YEAR FOR HAIRDRESSERS AND STYLISTS

END OF FINANCIAL YEAR FOR HAIRDRESSERS AND STYLISTS

Grab your receipts, invest in new equipment, top up on salon supplies, upskill your team and build your professional network. We've got everything you need to make the most of your tax time planning, ahead of June 30.

PRODUCTS TO RESTOCK OR UPGRADE BEFORE EOFY

It pays (literally) to be on top of your taxes.

As a hair professional, and/or salon owner it’s important to understand what expenses you can and can’t claim. You may find you are eligible to make some extra tax-related purchases, before 30 June 2024.

There are a few golden rules about when to claim a deduction for work-related expenses:

  • You must have spent the money yourself and weren’t reimbursed
  • The expense must be directly related to earning your income
  • You must have a record of payment, such as a receipt or tax invoice

upgrade your electricals

Our ever-growing electrical category features the best tools to use on the floor, as well as those for your clients to use at home.

EASY TAX TIPS FOR HAIRDRESSERS, SALONS AND APPRENTICES

But suffer no more, hair friends. This tax time, we’re saying NO! No more worrying over what to claim and how to claim it, and no more stress over the difference between a BAS and GST. We want you to feel good (at least mildly better) about this year’s EOFY admin, so we’re about to flip the script on tax and make it, let's say, up to 30% more fun?! (That was a tax joke, btw). 

LOCK IN EDUCATION 

Invest in you and your team by adding education courses and classes into your budget by June 30.

*Any tax tips or advice provided are for informational purposes only. Always seek financial and/or legal advice from an independent professional to determine the right outcomes for your business or individual needs. The tax rules are complex and are dependent on your particular facts and circumstances. Haircare Group cannot be held responsible for any losses, damages or expenses that may arise from using or relying on the information provided. We recommend you obtain specific tax advice to confirm your eligibility for claiming any purchases.