I am employed (paye) and a part time landlord. At the end of each tax year, I declare my rental income for the two BTLs I own and settle whatever tax is due.
My son has now turned 16 and I would like to pay him to assist with some of the admin associated with my properties. Is this an option for me given that I am not a LTD company? I wasn't sure how I do the whole employment and NI necessities.
I would welcome your thoughts on this.
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