Speaking to the BBC, Co-Chair of the APPG on Beauty, Aesthesis and Wellbeing, Carolyn Harris MP, called on the Government to extend the VAT cut given to hospitality and tourism to the beauty sector.
Back in July, the Government announced a cut VAT from 20% to 5% for the hospitality and tourism sector, and this has now been extended to 31 March 2021. However no such support has been given to our £30bn hair, beauty and wellness sector.
Co-Chair of the APPG, Carolyn Harris MP, said:
“We really have to start thinking about this as a very serious contributor to the economy, a massive employer – they really need to have the support other sectors have had.
“I really worry that a lot of them will have gone under by Christmas at this rate
“Unless we start making sure they are protected, they are going to have to think about redundancies, or closing up – especially the mobile therapists – who have only got themselves.
“Why not give them that support now to keep to them going, tide them over, so they’re still viable when this all ends and they’re able to reopen fully.”