Personal Care Services: VAT

Summary

To ask the Chancellor of the Exchequer, what assessment she has made of the potential implications for her Department's policies of the British Hair Consortium's report entitled Securing the future of UK hairdressing and beauty: the economic, fiscal and s

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Timeline

1. 26 February 2025

   Written question

   To ask the Chancellor of the Exchequer, what assessment she has made of the potential implications for her Department's policies of the British Hair Consortium's report entitled Securing the future of UK hairdressing and beauty: the economic, fiscal and s

   Source: Commons

2. 7 March 2025

   Answer

   VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. VAT is the UK’s second largest tax, forecast to raise £171 billion in 2024/25. Tax breaks reduce the revenue available for vital public services...

   Source: Written answer

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• · Treasury · Answering body

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