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Sole Trader/Partner Tax

DavidbyworthDavidbyworth Registered Posts: 71
Hi All

Situation......a sole trader is working and is over the higher rate of tax and looks likely to continue this going forward. His wife works 2 days a week so is well within the basis rate. She does some work for him, would it be beneficial and legit for her to become a partner 50/50. Therefore splitting the profits of the business?

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