Barber shop checklist

Register for Self Assessment

Register with HMRC by 5 October in your second year of trading.

Open a business bank account

Keep business money separate from personal funds.

Record all income

Log cash, card, and transfer takings daily or weekly.

Track allowable expenses

Products, equipment, chair rent, and partial phone costs.

Get public liability insurance

Minimum £1m cover for client injury or property damage.

Monitor VAT threshold (£90k)

Watch your rolling 12-month turnover — register within 30 days of crossing.

Register with the ICO

Required if you hold client contact data. £35/year.

Set aside tax each month

Save 25–30% of income to cover your January Self Assessment bill.