Hi,
we have just found the perfect person to mind our 3 children in our home. The person has asked to be paid some cash and also in an official capacity so she can claim social during the summer 3 months when my wife is on holidays (she is currently on job seekers). What are the implication for us to pay here officially, do we need to set up company, do we have to pay PRSI and will we need to look at our insurances. We have contributed all our working life's and have lost 50% of the value of our home purchased in '06 so we are not in a position to pay creche fee's and have no problem paying this person cash.
Any advise welcome.
we have just found the perfect person to mind our 3 children in our home. The person has asked to be paid some cash and also in an official capacity so she can claim social during the summer 3 months when my wife is on holidays (she is currently on job seekers). What are the implication for us to pay here officially, do we need to set up company, do we have to pay PRSI and will we need to look at our insurances. We have contributed all our working life's and have lost 50% of the value of our home purchased in '06 so we are not in a position to pay creche fee's and have no problem paying this person cash.
Any advise welcome.