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Sole Trader employing wife.

ch1981 · 2013-10-16 18:09:08

Im thinking of employing my wife in business, I am a sole trader. I understand I don't need to pay prsi and she doesn't either and that she is not entitled to any social welfare benefits, but what is the process for doing this? Do i simply just pay her and claim wages as an expense or do I need to tell somebody somewhere?…

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16-10-2013 7:09pm

#1
ch1981

Registered Users Posts: 37 ✭

Join Date: October 2013

Posts: 25
Im thinking of employing my wife in business, I am a sole trader.
I understand I don't need to pay prsi and she doesn't either and that she is not entitled to any social welfare benefits, but what is the process for doing this?

Do i simply just pay her and claim wages as an expense or do I need to tell somebody somewhere? Does she need to get in touch with revenue/ social welfare or do I just transfer money into her account?
It will be a small wage, 400 euro a month.

Any help and advice would be appreciated, thanks.

Tagged:

sole trader

expenses claims

employer advice

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#2 16-10-2013 7:41pm
Alan Shore

Registered Users Posts: 735 ✭✭✭

Join Date: May 2010

Posts: 734

You need to register as an employer with the Revenue then apply for a cert of tax credit and standard rate cut off for her. Then you have to operate PAYE/USC on her wages. Each month you make a P30 return and pay the amount due to Revenue. At the end of the year you have to make a P35 return.

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