5 ways Nannytax can save you time and hassle in 2020
Employing a nanny to provide care in the comfort of your family home can be a game-changer for busy, working parents who require flexible, dedicated childcare. Many parents who have hired a nanny will vouch that it’s largely helped improve their work/life balance and reduced the stress and rush of daily routines.
However, as with any employer there are various legal responsibilities to consider if you opt for this form of childcare - that’s where we can help. Our complete nanny employment service takes away the hassle of time-consuming paperwork, tax calculations and other legal duties – giving you more time to get on with the important things in life!
Here’s 5 ways Nannytax can save you time and hassle in 2020:
1. We deal with HMRC on your behalf
Employment law and tax is complex and filing through legal paperwork is something that many parents simply won’t have enough time for. Don't worry, we’ll take care of everything from registering you as an employer, submitting the information HMRC require every time you pay your nanny, to filing your annual tax return at the end of each tax year.
2. Provide payslips and more via your Online Members Area
We’ll email you once your nanny’s payslips are ready to view and download from your personal Online Members Area which can be accessed 24 hours a day. Here you can also make changes to your nanny’s pay, hours of work and more – so you don’t have to rely on office opening hours to tell us when something needs changing. Plus, you won’t have to worry about filing a P45 when an employee leaves or joins you or the P60 at the end of the tax year – we’ve got it all covered.
3. Bespoke Contract and unlimited HR Support
Our specialist HR advisors will draw up a contract of employment based on your requirements and provide you with a handbook to help both you and your nanny understand and agree each of the terms in the contract. If you ever find yourself in an unfamiliar situation and require expert advice and guidance, you can call one of our two helplines – we have one for legal queries and one for behavioural queries. We’ll also provide you with various downloadable factsheets in your Members Area including holiday request forms for your nanny.
4. We can manage your Nanny’s Pension Scheme
If your nanny qualifies for a pension scheme, you must pay the correct pension contributions into their workplace pension scheme. Our additional Nanny Pensions service will manage all of this for you including the re-enrolment process which involves putting your employee back into an automatic enrolment pension scheme and competing a form called a declaration of compliance every three years.
5. Access to Last minute Childcare
Life is often unpredictable – if your nanny calls in sick or can’t make it into work unexpectedly, you won’t need to stress about finding a free family member or making working from home arrangements. We teamed up with My Family Care to provide quality, regulated backup care when it’s needed most. As a Nannytax member you will have access to discounted rates and local nurseries, childminders and nannies with as little as 30 minutes notice.
Save time for the important things in life by signing up to Nannytax today
Nannytax provides a complete nanny employment service for you and your family from £276 per annum.
For more information visit our subscriptions page or speak to one of our friendly team on 020 3137 4401.