We have a two year old daughter. Apparently we can open a stakeholder pension for her, and put 3600 in it each year. I run my own company, which eventually I will pass to her. I was wondering if I could employ her and therefore have my company pay into her Stakeholder pension? Would there be any advantage in doing this?
Kind Regards, Shane Cook.
"Annon" wrote
child labour?? :-(
Nothing out of the ordinary about child labour. Who else would be stupid enough to do paper rounds?
"Ronald Raygun" wrote
Is a *two-year-old* legally allowed to do a paper round? AIUI, I thought there was a lower age limit - somewhere in low double-figures??
I don't think you can employ anybody under 13/14, can you?
Manu
Indeed not, and there's the little matter of employees performing duties commensurate with their remuneration to satisfy the Inland Revenue. I won't bring up the minimum wage as I assume she'll be a director.
Daytona
A directrix, and shareholderette. So she can get divis. Sorted!
Creative director ? - paint - easel - action !
Receptionist
Helpdesk
Actually, no, better stop right there - this is getting feasible !
Daytona
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