What Can Hairdressers Claim as Expenses?
As a hairdresser, you can claim various expenses for tax deductions. Use this list so you don’t miss a thing - your hard earned money is worth saving!
Materials & equipment
Your tools of the trade that you purchase, repair or upgrade: scissors, shampoos, hairdryers, coloring and styling tools, etc.
education & Training
Education and training that is an investment in your business is tax deductible - be sure to have an expense category for education in your bookkeeping so you can keep track.
Insurance
You are exposed to hazardous chemicals, sharp objects, and electrical equipment on a daily basis. Having insurance will protect you in case an accident happens to either yourself or your client, as well as your tools and equipment.
Chair
Keep accurate records on your chair rental agreements. You can expense your chair rental.
Transportation
If you travel to your clients, you can claim certain transportation expenses on your tax return. If you mix personal and professional transportation, you’re only able to expense what is for business. The easiest way is to record your business mileage each time using the various mileage apps offered.
Clothing and protective GEAR
If you wear a uniform while working, you can claim the cost as a business expense. You can also expense protective items you need. You can expense the cost of your uniform cleaning and other work-related items like towels and capes.
home office
If you use your WiFi or mobile phone for work, you can expense the portion you used for business purposes. If you operate out of your own home, you can claim back utility costs relating to your business.
Marketing & advertising
You can expense costs for a social media manager, marketing, website hosting, domain name, registration, ads, website maintenance, and more.
bookkeeper & CPA
Bookkeeping is an asset to your business - saving you time and money when it comes to taxes, ensuring that your CPA has accurate books to file your taxes so you’re not overpaying or underpaying. If you need to hire a bookkeeper, get a free estimate at www.harquinbookkeeping.com/estimate.