Our business is a partnership (not limited co.) and we intend to take on our 15 year old son (computer genius) to look after our new website and other computer issues.
He will earn 10k per annum and will work on a part-time basis.
Can someone please let me know what the steps are in taking on an employee - I have the Prem Reg form to register as an employer with Revenue, but it doesn't ask for details for the employee.
Are PRSI and PAYE payable on a salary of 10k per annum? If so, do I have to pay monthly?
I can't ask our accountant for advice at the moment, we really can't afford his fees.
Thanks.
He will earn 10k per annum and will work on a part-time basis.
Can someone please let me know what the steps are in taking on an employee - I have the Prem Reg form to register as an employer with Revenue, but it doesn't ask for details for the employee.
Are PRSI and PAYE payable on a salary of 10k per annum? If so, do I have to pay monthly?
I can't ask our accountant for advice at the moment, we really can't afford his fees.
Thanks.