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Hairdressers have you paid too much National Insurance?
This year Douglas Home & Co reclaimed Class 4 National Insurance contributions for a number of hairdressers. Class 4 NI is often forgotten as it is paid along with your income tax in January and now stands at 9%. If you are a hairdresser who receives rent-a-chair income or rents out a space in the salon, then you should check how this income is being reported on your tax return. If this income is included within your overall sales figure Douglas Home & Co could assess whether or not a...
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