Can I work for my self employed husband?
Regardless of your business structure (sole trader or limited company) you can employ your partner or spouse in your business. The general rule is that your partner or spouse should be paid for the effort and hours worked in your business. So, just like employing anyone else, you must comply with the tax laws.
Should I make my wife a director of my company?
You should both be appointed as directors of the company. Make sure you and your spouse/civil partner both hold ordinary shares in the company whose rights are not restricted in any way.
Should I pay my spouse a salary?
By hiring your spouse, you can lower your taxable income and reduce some of the taxes that are double taxed. Obviously, that’s a benefit to you and your business. Keep in mind that if your spouse also has a “9-5 job” you should watch for any salary increases or bonuses as they might have negative tax ramifications.
Can I hire my spouse for PPP loan?
Hire your friends, your family, your mistress. To have a PPP Loan forgiven, the amount you spend on payroll and the number of full-time employees needs to be the same as it was pre-Corona. While the number may need to be the same, the names don’t. Put them on the payroll.