Nannytax® - PAYE for nannies and nanny contracts

Budget 2013   Nannytax welcomes the Government announcement that parents may be able to claim back 20% of childcare costs up to the value of £1,200 per child from 2015. Read our press release here. Also in the chancellor’s budget, he announced a new employment allowance of £2000 to be offset against employer’s NI. Unfortunately early indications show that only businesses will be eligible to claim and domestic employers including nanny employers will not be included at this time. We will continue to monitor this and inform our clients of any changes should they happen.

 

Nannytax update - HMRC Real Time Information - RTI
As a Nannytax client you may have received a letter from HMRC about RTI (Real Time Information - a new payroll reporting method). Nannytax has all the required RTI processes and software in place for its introduction in April 2013, therefore as a Nannytax client you don’t need to do anything. In fact Nannytax has been piloting RTI for HMRC in 2012 so Nannytax will be well rehearsed for its introduction in 2013. Read more...

When you employ a nanny in the UK there are numerous issues that you must consider, as domestic employers have the same legal responsibilities as commercial employers. Many parents have little or no experience as employers and the prospect of having to deal with both complex and time-consuming payroll and other legal obligations can be a source of great concern. Established 19 years, Nannytax® is the UK's original nanny tax and payroll service and a valued and trusted name in thousands of UK households. We can help transform the hassle of being an employer into peace of mind.

Nannytax® acts as your agent and do everything for you, from setting up a nanny PAYE scheme and calculating the correct tax and National Insurance payments, to making sure your nanny's payslips are accurate. When you subscribe to Nannytax® you also receive unlimited support and advice on all payroll and employment related issues:

• Can my nanny be self-employed?
• What do I do if my nanny is pregnant?
• How much holiday is my nanny entitled to?
• How does the Ofsted Childcare Register (vOCR) work?
• How much will it cost to employ a nanny?
• What happens when my nanny is off sick?
• What is a nannyshare?

Your annual Nannytax® subscription gives you unlimited access to our Legal Advice help-line and our legal team will work closely with you and focus on finding a solution to your particular situations. Once you have subscribed we recommend that you take advantage of our Members' area where you can make changes to your or your nanny's details, send messages, make requests, and most importantly, download your payslips.

If you are looking for a nanny or a nanny agency why not use the Nannytax® Nanny Agency Directory, which has detailed information on over 250 nanny agencies across the UK.

There is a new website - HelpWithHMRC - which is creating a network of people who help each other in all HMRC related matters. We are helping them get established. If you would like to look at what they are up to please visit the Help With HMRC website.