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Paying Wages to the Family
Paying one’s wife, husband or teenage child a wage for services rendered can be hugely beneficial in tax terms but the benefit comes with potential procedural traps that can cost the unsuspecting business proprietor hundreds of £s in back taxes, penalties and interest. The big problem here is that an employer investigated by the Revenue or Contributions Agency, can not alter his records retrospectively to correct the errors for which he will be billed.
The guide exposes the traps and explains how to avoid them.
Price £19.95