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Accounts board - Oliver Niland Chartered Accountant & Tax Specialist Galway Ireland

Tax Returns

Tax Returns - Oliver Niland Chartered Accountant & Tax Specialist - Galway Ireland

Start up/ New Business

Starting a new business - Start your own business - Oliver Niland Chartered Accountant  & Tax Specialist Galway Ireland

Spouses working with husband or wife in their business ?

Spouses working with husband or wife in their business ?

PRSI cover for spouses working with spouse who is a self employed sole trader

There are likely to be cases of families where one spouse has been classified for tax purposes as being a

sole trader and the other spouse has been deemed not to be in the business.

However, based on the facts of the case and having regard to certain conditions, the reality may

be that both spouses have been running the business in partnership with each other.

These spouses can now apply to the Department of Social & Family Affairs to have a

partnership recognised retrospectively and therefore may be entitled to certain social welfare benefits

such as old age pension etc.

The above is subject to qualifying conditions

Any queries on same give me a call on 091 763817 or email me at oliver@taxreturnhelp.ie

 

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