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Hairdresser fears she could lose home over tax hikes

Hairdresser fears she could lose home over tax hikes

Summary

Hairdresser Kerry Larcher is worried she might have to close her salon and lose her home due to increased taxes. The government changed the taxes to help the economy, but this makes it harder for Kerry to keep her salon running.

Key Facts

  • Kerry Larcher owns a salon in East London.
  • She started her business when she was 21 and has been running it for 30 years.
  • Taxes on businesses like Kerry's have gone up, which means she has to pay an extra £23,000 each year.
  • These are the biggest challenges Kerry has faced in 30 years running her salon.
  • The government plans to lower taxes for businesses like hair salons in 2026.
  • Right now, Kerry can't take on any new apprentices and may have to let some of her staff go.
  • The tax changes are making it tough for Kerry to keep running her salon in the future.
  • She is just one of 50,000 UK hairdressers who feel this way and are asking for help.
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