We know your floor as well as you do.
Behind every busy salon is a set of finances that need someone who actually understands how the industry works.
01
Chair rental has its own compliance rules
Renting chairs to self-employed stylists isn't straightforward. HMRC has specific requirements around how those arrangements are set up and documented, and getting it wrong has consequences.
02
The Tips Act changed everything
The Employment (Allocation of Tips) Act 2023 means tips and gratuities must be passed to workers fairly and transparently. We make sure your salon is fully compliant.
03
Mixed employment models need careful handling
Employed staff, self-employed stylists, chair renters, many salons run all three at once. Each arrangement has different tax and payroll implications, and HMRC knows exactly what to look for.
04
VAT registration creeps up quickly
A busy salon can hit the VAT threshold faster than expected. We keep an eye on where you stand so you're never caught off guard: and when the time comes, we handle the transition properly.
How we support you
Built around the real demands of running a salon or barbershop.
DAY TO DAY
Bookkeeping & VAT
Day-to-day reconciliation and quarterly VAT returns: handled correctly every time, including VAT threshold monitoring as your business grows.
COMPLIANCE
Chair Rental
We make sure your chair rental arrangements are set up correctly, documented properly and compliant with HMRC requirements.
PLANNING
Cashflow Forecasting
We build forecasts around the real rhythm of your salon: seasonal patterns, quiet periods, big outgoings, so nothing catches you off guard.
ADVICE
Consultancy & Problem Solving
Thinking about taking on more staff, adding a chair renter, or opening a second site? We dig into the detail and help you make the right call.
PARTNERSHIP
Virtual Finance Partner
For salon owners who need someone consistently in their corner: not just at quarter end. Immersed in the business, month in, month out.
TIPS ACT
Tips & Gratuity Management
Full compliance with the Employment (Allocation of Tips) Act 2023: we make sure your tips are allocated fairly, transparently and on time.
Finance that works as hard as you do.
We're not a service you plug in and forget. We show up, we listen, we ask the questions others don't: and we treat your business like it's personal. Because to you, it is.
"I was told early on in business that if you can find someone who truly understands cash management, you should keep them close by! That has paid dividends, with Ancora looking after our financials, we have been able to focus on our core business and importantly increasing the time available to spend with our customers.
Carl Revens, RRIF
