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Paying wages in cash
veggieburger
Posts: 11 Forumite
Hi! If a 17 year old works for me for me (only a handful of hours a week and it's their only job - so do not need to do PAYE or NI) can I pay them using cash and still record this in my accounts as wages paid?
Thank you!
Thank you!
0
Comments
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You can pay them in cash if you want to but you still need to register them with hmrc and provide them with wageslips.0
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You can pay them in any format you wish, providing it is all declared and registered with HMRC.Eat vegetables and fear no creditors, rather than eat duck and hide.0
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As soon as you first employ someone, you will need to register as an employer with HMRC if one or more of the following is true:
- you're paying them at or above the PAYE threshold
- the employee already has another job
- they are receiving a state, company or private pension
- you're paying them at or above the National Insurance Lower Earnings Limit
- you're providing them with employee benefits
Presumably therefore, if you're only employing a 17 year old and paying them a wage that is below both the PAYE threshold and the NI LEL, then you don't have to worry about HMRC, PAYE, and all that malarkey.0
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