National insurance

For a family business it is generally worthwhile paying wages to a spouse of between the employee lower earnings limit (£112) and the employee threshold (£155) per week. At this level of earnings no NIC will be due. The spouse will still accrue entitlement to a state pension and certain other state benefits.

Tip

A PAYE scheme would be needed to record the employee’s entitlement to benefits and the wages.

Tax Planning

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