Parents Tax Calculator
Use the Parent's Tax Calculator below to estimate your total employment costs in the current tax year, based on nanny's net or 'take-home' weekly wage. Select nanny's net weekly wage and your total costs will be displayed. Total cost is the nanny's net wage + Tax + employee's National Insurance Contributions + employer's National Insurance Contributions.
Net wage agreement are still surprisingly common within the nanny industry but we would urge parents to agree a gross wage. Read more about net wage agreements. Your nanny can calculate her net or 'take home' weekly pay from her gross wage by using the Nanny Pay Calculator.
Choose a net weekly amount - the total cost (including tax and NI) will be displayed above.
Nannytax acts as your agent and deals directly with HMRC on your behalf - we set up your nanny's PAYE scheme and ensure that all tax and NI calculations are accurate and up-to-date. We also offer unlimited support and advice on all payroll and employment related issues.
What can Nannytax do for you?
Here's what we will do:
And there's more... find out here
This information is for guideline purposes only. Please note that this is the employer's total cost and not the nanny's gross pay, and should not be used in the nanny's contract. The total cost includes the employee's Tax and NI as well as employer's NI contributions. It applies to a nanny with one job who is on a standard tax code (944L) during the tax year 2013/2014.