SG Accounting & Tax Advisory

Salons & Spas

Accounting built around service, appointments, and client care.

Salon and spa owners manage more than bookings and client experience. They manage staff, booth renters, product sales, tips, payroll, supplies, HST/GST, software systems, and year-end tax obligations.

We support salons, spas, beauty clinics, barbershops, and personal-care businesses with accounting, tax, bookkeeping, payroll, and planning conversations designed around how service businesses actually operate.

Our role is to help you stay organized, understand your numbers, and make better decisions for your business, your team, and your future.

Why It Matters

A service business needs clean records behind the chair.

Salons and spas often have several moving parts.

There may be appointment revenue, product sales, staff payroll, booth rentals, contractor payments, tips, supplies, merchant deposits, gift cards, memberships, HST/GST filings, and year-end tax obligations.

When your accounting is organized properly, it becomes easier to understand cash flow, margins, payroll costs, inventory, tax obligations, and business performance.

Who We Help

Support for beauty, wellness, and personal-care businesses.

We work with salon and spa owners who want their accounting and tax work handled with accuracy, structure, and long-term care.

Hair Salons & Barbershops

For owners managing stylists, barbers, product sales, appointment revenue, tips, payroll, and booth rental arrangements.

Spas & Beauty Clinics

For spas and beauty clinics managing service revenue, staff, supplies, equipment, product sales, and client memberships.

Nail, Lash & Brow Studios

For personal-care businesses managing bookings, deposits, product costs, staff compensation, and recurring client revenue.

Booth-Rental & Commission-Based Businesses

For owners working with chair renters, commission-based staff, contractors, or mixed compensation arrangements.

Multi-Location Salons & Spas

For owners operating more than one location and needing stronger reporting, clearer systems, and better visibility across the business.

Services Include

Accounting and tax support built around salon and spa operations.

Booking & Payment Reconciliation

Support reconciling booking software, payment processors, cash deposits, gift cards, memberships, refunds, and daily sales activity.

Bookkeeping & Financial Reporting

Monthly or quarterly bookkeeping support to keep salon and spa records current, organized, and easier to understand.

Payroll & Compensation Support

Support with payroll coordination, staff wages, commission records, T4/T4A coordination, and related documentation.

Booth-Renter & Contractor Tracking

Support organizing booth rental income, contractor payments, agreements, receipts, and reporting information.

Product Sales & Inventory Tracking

Support tracking retail product sales, supplier costs, inventory, product margins, and supply expenses.

HST/GST Filing Support

Support with HST/GST record organization, filing coordination, and related questions where applicable.

Tip Reporting Support

Support organizing tip-related records, payroll information, and documentation where tips are collected, controlled, or distributed through the business.

Corporate Tax & Year-End Coordination

Corporate tax preparation, bookkeeping review, payroll slips, HST/GST filings, and personal tax coordination for incorporated salon and spa owners.

CRA & Compliance Support

Support with CRA correspondence, documentation requests, payroll questions, HST/GST reviews, and record organization.

Planning Topics

Salon and spa owners need clear numbers before decisions are made.

A successful salon or spa requires more than strong bookings. Owners also need to understand payroll, margins, rent, product costs, tax obligations, cash flow, and long-term planning opportunities.

We help owners create space for these conversations before decisions become urgent.

Are Staff Employees or Contractors?

Worker classification can affect payroll, CPP, EI, tax reporting, documentation, and compliance. This should be reviewed carefully based on the facts.

Are Booth Rentals Being Tracked Properly?

Booth rental income, agreements, payments, and related expenses should be clearly organized so reporting is easier to understand.

Are Product Sales Actually Profitable?

Retail sales should be reviewed against supplier costs, inventory, shrinkage, discounts, and related expenses.

Are Tips Being Handled Properly?

Tip records should be organized clearly, especially where tips are controlled, distributed, or paid through the business.

Is HST/GST Being Filed Correctly?

HST/GST filings should be supported by clear sales records, expense records, input tax credit documentation, and proper classification.

Can I Open Another Location or Add More Staff?

Expansion should be supported by clear reporting, cash flow visibility, payroll planning, rent assumptions, and financing preparation.

Our Approach

We begin by understanding how your service business operates.

Every salon, spa, barbershop, and beauty clinic has its own mix of services, products, staff, contractors, software, payment systems, and goals.

Before providing guidance, we take time to understand how your business earns revenue, pays people, tracks products, manages expenses, and plans for growth.

01

Understand

We review your business model, booking system, payment flow, staff or contractor structure, product sales, expenses, and prior filings.

02

Organize

We help organize bookkeeping records, sales reports, payroll information, tip records, HST/GST records, and supporting documents.

03

Coordinate

We coordinate bookkeeping, payroll, HST/GST filings, corporate tax, and personal tax where relevant.

04

Plan

We support planning conversations around cash flow, staff costs, pricing, retail margins, owner compensation, financing, and business growth.

05

Support

We remain available throughout the year for questions, filings, reporting, CRA correspondence, and planning conversations.

Financial Clarity

Clear records help salon and spa owners make better decisions.

When records are organized, owners can better understand service revenue, product sales, payroll, contractor costs, tips, expenses, cash flow, and tax obligations.

Clear accounting also helps prepare for financing conversations, hiring decisions, new locations, product purchasing, and long-term planning.

Good records do not only help with tax filing. They help you run the business with more confidence throughout the year.

Key Benefits

Clearer booking-to-bank reconciliation
Better tracking of service and product revenue
Stronger visibility into staff and contractor costs
More organized tip and payroll records
Cleaner HST/GST filing support
Better product margin and inventory visibility
Improved cash flow awareness
Stronger preparation for hiring or expansion

Connected Thinking

Your business, family, and future are connected.

For many salon and spa owners, the business is both a personal passion and a long-term financial asset.

Decisions around tax, payroll, compensation, pricing, product sales, financing, insurance, retirement, and succession can all connect to the long-term success of the owner and their family.

Through SG's relationship-based approach, clients benefit from thoughtful conversations that consider the person, family, and business behind the numbers.

Questions

Common questions from salon and spa owners.

Let's Start

Bring clarity to your salon or spa business.

Whether your business is established, growing, or ready for better systems, we are here to help you stay organized and understand your numbers.

Start with a conversation.