Net wage agreements - how Nannytax can help
More nanny agencies are starting to switch to gross wage policies, but we do realise that it is a big undertaking not just from an administrative point of view; with resistance from many nannies it certainly doesn't make things easier.
If the nanny is used to talking net, then the concept of a gross salary can be very confusing and of course what she is really interested in is how much she has in her pocket at the end of each pay period.
If you haven't received the tax tables, or would like extra copies, just let us know. The tax tables are also available to download as PDFs (please see links to 'Downloads' at the very bottom of the page). Please note that the tax tables are for guideline purposes only, the figures are rounded to the nearest pound. The figures are based on tax and National Insurance rates for a person on a standard tax code for this current tax year. Where a nanny has more than one job or wage in the same week then these figures do not apply.