PAYROLL AND USEFUL INFO

Mortimer Nannies have been working alongside Nannytax since we started! We use them as our first point of call for any Employer/Employee advice. Please read this advice and visit their website before embarking on your Nanny search!

Paying Your Nanny

Employing a nanny for the first time can be daunting, especially if you've never employed someone before. All workers in the UK, including nannies, if they are earning over the rates & thresholds, must contribute to the economy by paying Tax and National Insurance. This tax and national insurance is paid by the employer, on behalf of the employee through a Paye As You Earn (PAYE) via Her Majesty’s Revenue & Customs (HMRC). We cannot stress enough the importance of getting this right as HMRC will implement hefty fines for undeclared income.

How can Nannytax help?

Register you as an employer HMRC
Open and operate a PAYE scheme on your behalf
Calculate Tax, NI and any other deductions
Provide weekly or monthly payslips for your nanny
Calculate what you need to pay HMRC every quarter
Submit Real Time Information (RTI) reports every pay period
Process P60s, P45s, P11Ds, P35s and other tax related documents
Administer Statutory Maternity Pay, Sick Pay and Benefits in Kind as required
Provide a bespoke Contract of Employment and ongoing HR advice from a team of specialists at Nannytax HR
Additional services including Workplace Pensions, Payroll Plus (a service where we pay your nanny and HMRC on your behalf saving you even more time!) and Employers Liability Insurance
Provide an online Members Area for you and your nanny to manage your Nannytax account

What does Nannytax do?

Open and operate a PAYE scheme on your behalf

Calculate Tax, NI and any other deductions

Provide weekly or monthly payslips for your nanny

Calculate what you need to pay HMRC every quarter

Submit Real Time Information (RTI) reports every pay period

Process P60s, P45s, P11Ds, P35s and other tax related documents

Administer Statutory Maternity Pay, Sick Pay and Benefits in Kind as required

Provide a bespoke Contract of Employment and ongoing HR advice from a team of specialists at Nannytax HR

Additional services including Workplace Pensions, Payroll Plus (a service where we pay your nanny and HMRC on your behalf saving you even more time!) and Employers Liability Insurance

Provide an online Members Area for you and your nanny to manage your Nannytax account

Other Important Considerations

Many Nannies will quote salary as a ‘net’ rate – it is always important to calculate gross and realise the full cost to you as an employer – you can work out the total cost here using our tax calculator -https://www.nannytax.co.uk/salary-considerations/calculator
All employers must provide a workplace pension for their employees if at least one of their employees qualifies for automatic enrolment. It can be a daunting process but Nannytax are here to help from the beginning. Find more about Workplace Pensions and who qualifies: https://www.nannytax.co.uk/pensions/about-workplace-pensions
It is a legal requirement for all UK employers, including nanny employers, to hold Employers Liability Insurance. Employer's Liability Insurance protects you should your employee become ill or injured as a result of their job. If you would like further information on this you can visit: https://www.nannytax.co.uk/additional-services/insurance-for-nanny-employers

Contact Nannytax

If you would like to discuss your nanny’s payroll or have any further queries, please contact Nannytax on info@nannytax.co.uk or call 0203 137 4401. Alternatively, you can subscribe quickly and easily at: https://www.nannytax.co.uk