Exit October 2024 Budget - have your say Following the budget on 30 October 2024 we need to understand how the measures announced will impact your business, however you trade, so we can demand support from Government where it is needed most. Your answers are anonymous so please feel free to answer openly! Question Title * 1. What sort of business do you operate? Hairdressing Barber Beauty Education / FE Hair & Beauty Aesthetics Other (please specify) Question Title * 2. Where is your business located? High Street or premises within a town or city Home salon Freelance / Mobile / Independent Rent a chair / self employed in a salon Other (please specify) Question Title * 3. Where are you in the UK North East North West Yorkshire and The Humber East Midlands West Midlands East London South East South West Wales Northern Ireland Scotland Northern Ireland Question Title * 4. How would you describe your business? Limited Company (legal entity) Sole Trader or Partnership Freelancer / Self-employed Rent a chair / Self -employed Educator Franchised salon (limited company) Franchised salon (sole trader) Other (please specify) Question Title * 5. Are you registered for VAT Yes No Question Title * 6. Are you registered as an employer with PAYE? Yes No Question Title * 7. What is the size of your business? £1 - £49,999 £50,000 - £99,999 £100,000 - £199,999 £200,000- £499,999 £500,000-£999,999 £1m-£1.9m £2m+ Question Title * 8. What is your employment model? The employment status of those in your business Self-employed / rent a chair in salon / collective Mobile / Freelance - self employed Freelance education - self employed Employed - we employ all of our staff Hybrid - a mix of employed and self employed Other (please specify) Question Title * 9. How many people work in your business including you? Question Title * 10. How many of these are employed? (please put 0 if you have none) Question Title * 11. How any of these are self-employed? (please put 0 if you have none) Question Title * 12. Do you employ apprentices? Yes No Question Title * 13. If yes, how many apprentices do you employ? Question Title * 14. If you have apprentices, what is the likely impact of the increases in apprentice minimum wage to £7.55 ph announced in the October budget have on your business? No affect I don't employ apprentices No affect I do employ apprentices I will now not take on any more apprentices I will reduce the number of apprentices I currently have I have already made my apprentices redundant Question Title * 15. Which worker would you employ first? An apprentice A qualified college graduate Other (please specify) Question Title * 16. If you have employees how will you afford the increases in National Minimum Wage announced in the October budget? (over 21's to £12.21 ph, 18-20 to £10ph, 16-17 to £7.55ph) I will increase my prices, the market can take it I will increase my prices but am fearful that I will lose clients I cannot afford this increase, even with cost savings and higher prices, so am looking to change my business model (eg making staff self-employed) I will have to reduce the number of workers in my salon I am considering closing my business I have no employees Other (please specify) Question Title * 17. If you have employees, how will you afford the increases in employers National Insurance announced in the October budget? I will increase my prices, the market can take it I will increase my prices but am fearful that I will lose clients I cannot afford this increase, even with cost savings and higher prices, so am looking to change my business model (eg making staff self-employed) I will have to reduce the number of workers in my salon I am considering closing my business I have no employees Other (please specify) Question Title * 18. Do you think that our sector is highly valued by the current government? Yes No Maybe Question Title * 19. As a result of the October 2024 budget do you think that more businesses will switch to a self-employed / rent a chair model? Even if this were very complex, with many hurdles to cross, but employers feel forced to do so. Yes No Maybe Question Title * 20. On a scale of 1 to 5 how likely is it you will be forced to consider closing your business in the next 12 months, with 5 being extremely likely and 1 not likely at all? 1 5 Clear i We adjusted the number you entered based on the slider’s scale. Question Title * 21. What do you think the impact of the October 2024 budget will be on the sector? The future is bright I am extremely concerned for the future A generation of apprentices will be lost I'm not sure Question Title * 22. Please let us have any further comments you'd like to make Question Title * 23. Thank you for your help! If you'd like to receive a copy of the results of this survey please add your email address below. Please then click submit below. Done