Put your children to work tax free!
As any parent knows, kids are expensive. Can adding them to your company’s payroll help reduce the cost? Deductible expenses We’ve heard it a thousand times in a hundred different ways, “I’ll get the company to pay so it can claim a tax deduction” . Using the company cheque book to pay a non-business expense won’t make it tax deductible. On the other hand, don’t write the idea off completely. Meeting a cost that benefits you in some way doesn’t automatically rule a tax deduct
