21 March 2025

The NHBF Budget Impact Calculator has been specifically developed to help businesses work out the changes following the Autumn 2024 Budget.

At the NHBF, we know how challenging it can be to keep up with changes that affect your business—especially when it comes to finances, budgets and government decisions. That's why we've created a brand-new Financial Impact Calculator, completely FREE of charge, to support everyone in the hair and beauty sector.

Whether you run a salon, barbershop, clinic, or your own business, this simple, easy-to-use tool is designed to help you quickly understand what the Autumn 2024 Budget announcements mean for your business.

What is it?

The NHBF Financial Impact Calculator is an Excel-based tool you can download and use on your computer, tablet, or phone (you might need to install the Excel app if you don't already have it). It's been designed with hair and beauty business owners in mind, so you don’t need to be a financial expert to use it.

Who is it for?

This calculator is ideal for any hair and beauty business with employees. It’s there to help you plan ahead, understand how changes may affect your bottom line, and make confident decisions about your business.

Why use it?

  • Free to download 
  • Easy to use 
  • Created for the hair and beauty sectors 
  • Helps you understand the impact of the Autumn 2024 Budget 
  • Gives you clear, useful insight to plan ahead

How to get it

The calculator is available as a free download – just click the link below and follow the simple instructions to get started:

Budget Calculator: For hair and beauty businesses with multiple sites that can only claim Employment Allowance once.

Budget Calculator: For hair and beauty businesses with 1-20 employees.

Supporting You Through Unprecedented Change

As we approach April 2025, we face perhaps the most significant period of change our sector has experienced in recent years. The 6.7% increase in the National Living Wage to £12.21 per hour, a substantial 16.3% rise in the 18–20 rate, increased National Insurance contributions, and reduced business rates relief represent real challenges for every business in our community.

We’re proud to support our sectors with practical tools like this one. It’s just one of the ways the NHBF is here to help you build a stronger, more resilient business.