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Tax Tip: A family affair

Have you considered employing family members in your business? As long as they are not minor and you can justify their involvement, you can employ them in your business. In a limited company, they can be remunerated with a salary, receive benefits, and be included in your company pension scheme. If you are in a partnership, you can still include them and gain flexibility in profit allocation.

Please get in touch to discover the most tax-efficient way to involve your family in your business.