I am a sole trader and will be ceasing to trade soon and would like to know if it is ok to make an ex-gratia redundancy payment to my wife? She is an employee of the business. I don't think she is entitled to a statutory redundancy payment as she has paid PRSI at Class M rather than A but is there anything preventing me making an ex-gratia payment similar to other employees?
Any advice would be much appreciated.
Any advice would be much appreciated.