Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
A nanny is considered an employee if they –
Can a Nanny be self-employed?
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
The term ‘tax code split’ is where the nanny’s tax-free allowance is split proportionately between their employers so that all parties avoid paying basic rate tax on nanny’s gross pay.
If both employees agree a gross salary than a tax code split is not necessary, as all parties’ total costs will be protected, and each employer will be paying the correct deductions.
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
A nanny share is where nanny cares for the child or children of two or more families at the same time, and the costs are split between the families. These types of arrangements are becoming an increasingly popular way of making nanny employment more affordable and accessible for many families.
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
All nannies are entitled to receive a contract of employment within 2 calendar months of their start date. It should contain the Terms and Conditions of employment, including the following:
Continue reading “Contract of Employment Advice for Nannies and Parents”
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents, and have created this content.
A nanny may have an outstanding student loan when starting work for a parent, this will either be noted on their P45 from previous employment, or HMRC will send a notice through to the parent or the parent’s payroll agent.
Continue reading “Student Loan Advice for Parents & Nannies”
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
Parents, as an employer of a nanny, you will need to pay HMRC employee and employer Class 1 National Insurance based on your nanny’s wage.
Employee national insurance is deducted from your nanny’s gross salary, whereas employer’s National Insurance is an additional cost on top of your nanny’s gross salary paid by you, the employer.
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents & nannies and have created this content.
The National Minimum Wage increases from the 1st April 2019 and the new rates are:
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
From 6th April 2019, the rates for statutory payments will increase to the following.
Continue reading “2019-2020 Statutory Payment Changes May Affect You as a Nanny”
If your child loves video games, apps and interactive activities but you’d like the focus to be more educational, we’ve put together a list of 3 fantastic apps, games and online resources to give every child the learning bug! The best part? They’re all free!
Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
The standard tax code for tax year (19/20) is 1250L, this then means an employee (a nanny) can earn £12,500.00 per annum before they pay any tax. This figure is then spread over the relevant pay periods in the tax year (52 if weekly and 12 if monthly) this then gives the tax-free allowance for each pay period.
Continue reading “New Tax Level Information for Working Nannies”
