Ridgefield Consulting's Accounting Advice

Tax Advice For Family Businesses

September 12, 2022 Ridgefield Consulting
Tax Advice For Family Businesses
Ridgefield Consulting's Accounting Advice
Show Notes Chapter Markers

In this episode, Lenka explains the tax rules when running a family business. It can be beneficial to run a business together as a family to keep money within the same household, but make sure you follow these rules.

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The tax rules when employing your partner or spouse
The tax benefits of employing your partner or spouse
The tax benefit of appointing your spouse or partner as a director of your business
The tax rules when employing your children
The tax benefit when employing your children
The tax benefit when employing your child who is a freelancer
A summary on general advice for employing family members for your business