Written Question·Treasury·UIN 18418

Personal Care Services: Regulation

Tabled: 6 December 2024
Answered: 11 December 2024
Named Day

Question

Dr Simon Opher

LabourStroud

To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of introducing regulations to enhance financial transparency within the hairdressing industry.

Answer

Tulip Siddiq
Financial transparency is key to ensuring cash-based businesses meet their legal obligations, such as registering with HMRC and paying taxes promptly. However, these benefits must be balanced against the burdens on business created by new regulation. Whil...

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