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Wife's wages

Wife's wages

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My client's P&L includes £5000 for wife's wages ( she has no other income). Now the couple applied for a mortgage and the lender sent me a letter where they ask me to confirm wife's employment. I am not sure if that's employment. Can you please help?

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By King_Maker
02nd Sep 2013 18:10

What is it, if it's not employment?

The term "Wages" seems to indicate employment to me.

Are you more concerned that no wages were paid to the wife?

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By Yvonnel_b
03rd Sep 2013 09:40

The wife works with her husband two days a week. His takings are mostly cash and that's how she is paid. Her husband is not a registered employer - she is the only person working for him.

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By King_Maker
03rd Sep 2013 16:23

It would seem advantageous all round if the wages was done properly for her pension etc.

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