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A sole trader is planning to retire and wants to pay statutory redundancy to his wife who he employs. I don’t think he can as she is not “an employed contributor”. Is this correct? Alternatively can he pay her a termination lump sum on which there would be some tax relief, eg, basic exemption etc? Thanks

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Posted by (Questions: 18, Answers: 2)
Asked on 16 May 2019 4:53 pm
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