Great Britain wants to impose tax on plastic surgery

I guess the cost of being a celebrity or glamour model is going up in Great Britain.

In a strange story, we’ve heard of proposals for a “boob tax” as the government scrambles to generate more tax revenues. It basically involves a new tax on plastic surgery, including stuff like breast augmentation, facelifts, tummy tucks and liposuction.

A Value Added tax of around 20% would be imposed on these procedures. I guess they think that celebrities and others who want this can afford it. Overall it should raise up to £500 million if enacted. Until now, only minor procedures like Botox would be taxed.

Naturally, this is big news for celebrities, particularly young starlets looking to garner some attention. Not everyone has a face like Natalie Portman, or her acting ability. Some need to make it purely on sex appeal. Basically, this won’t just affect the thirty-something actress who has made it and wants to maintain or even enhance her looks.

Places like the Nu Cosmetic Clinic have a ton of business from regular people and celebrities, so it will be very interesting to see how this development is received by the public. Will they think it’s fair? Plastic surgery has become much more popular, so this will affect a wide group of people.

Niraj Manglam, the owner of The Cosmetic Clinic, explains:

This Knee jerk reaction by Treasury will prove disastrous for the industry as a whole and will ultimately affect working class women.

If at all this proposal has to be implemented this should be done in a phased manner over 5-10 years so that industry can make reasonable adjustment without affecting top line.

This isn’t an issue that just applies to women. For men, hair loss is the biggest issue, though they are also starting to get other procedures as well.

It will be interesting to see how this unfolds.

  

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