acceptable payment to spouse book keeper

acceptable payment to spouse book keeper

Postby mmoalem on Thu Feb 18, 2010 3:26 pm

hi there all -
My wife is a trained book keeper but has been out of work looking after our little one for the last couple of years - i am self employed and usually do my own book keeping as they are very simple but wondered as to paying her to do it to reduce the tax bill.
what i would like to know is what would be an acceptable payment for my wife - can i pay her more than the going rate for book keeping? can i also pay her as a PA and what would i need to show to the tax man against such claimes - any ideas on the issue?
cheers
michel
mmoalem
 
Posts: 6
Joined: Thu Feb 18, 2010 3:17 pm

Re: acceptable payment to spouse book keeper

Postby RAL on Thu Feb 18, 2010 4:23 pm

You need to pay going rate to your wife. if you not sure ring recruitment agency and find out. Have a look at job vacancy in local area may give you some idea.
RAL
RAL
 
Posts: 1094
Joined: Thu Oct 30, 2008 12:47 pm
Location: London & Surrey


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