5 Ways nannytax payroll plus can save you time and hassle
Are you employing a nanny this year?
Hiring a nanny can be a game-changer for busy working parents who require flexible childcare. However, the legal obligations involved such as setting up PAYE, running payslips and declaring tax is not always straight-forward. And ultimately, it’s time consuming.
Nannytax Payroll Plus is our premium service for parents who want an end-to-end nanny payroll service with minimal involvement on their part.
With Payroll Plus we make the payments to your nanny and HMRC on your behalf. That means a little less on your to-do list and more time to enjoy the important things in life. Because let’s be honest, nobody wants their free time to involve legal paperwork and tax calculations!
Here’s 5 ways Nannytax Payroll Plus can save you time and hassle:
1. We deal with HMRC on your behalf
Once you join Nannytax, we will set up your Nanny PAYE Scheme. Having this in place enables you to pay any tax and National Insurance contributions on your nanny’s earnings. As a Nannytax Payroll Plus customer, we will make these payments to HMRC each month for you. We will also ensure all the necessary paperwork is in place so we can act on your behalf as your payroll agent going forward.
2. We do the tax, run the payslips and pay your nanny directly
As well as calculating the tax and NI due and paying this to HMRC, we will then directly pay your nanny their salary each month. Providing regular payslips for your nanny is a legal requirement. With Nannytax Payroll Plus you’ll have peace of mind that your nanny’s monthly pay is taken care of. Plus this gives your nanny the benefit of a set pay day each month which provides certainty and helps them plan ahead to manage their outgoings.
3. You get a free bespoke nanny contract and unlimited HR support
Our HR team will prepare a bespoke nanny contract based on your requirements, completely free of charge. Having a contract of employment place is now a legal requirement from day 1 of your nanny’s employment. Plus, going forward you will have unlimited access to our HR team via email or phone for any legal or behavioural matters. Common topics HR deal with include holiday, maternity leave and nanny shares.
4. Optional add-on services = Employers Liability Insurance and Nanny Pensions
We also have optional add-on services available to you. This includes providing you with compulsory Employers Liability Insurance through Enable Insurance. Additionally, our Nanny Pensions Service works seamlessly with Nannytax Payroll Plus. Each month we will calculate the amounts for your nanny’s pension scheme so your nanny can see this on their payslips. Our pension experts will then handle all the on-going pension admin in line with The Pensions Regulator from monitoring your employee’s status, completing your declaration of compliance and keeping comprehensive auto enrolment records.
5. Access to Nannytax membership benefits
Nannytax membership benefits include discounted Emergency Childcare, so if you ever require last minute childcare that your nanny can’t provide, you can access regulated, quality back up care through trusted provider My Family Care. You’ll also have access to our exclusive online Members Areas for you and your nanny. Your Employer Members Area will have plenty of time-saving features so that you can manage everything from one place and submit anything from additional hours worked to sick days and mileage. Plus we created a Nanny Members Area so your nanny can directly download the payslips and access their own documentation such as P60s. We want to make nanny payroll as easy as possible for everyone!
Have you hired a nanny to support your work/ family life balance?
We’re here to meet all your nanny needs.
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Enable Limited is an Appointed Representative of Fish Administration Limited and authorised by them to sell liability insurance for nannies and their employers. Fish are authorised and regulated by the Financial Conduct Authority. Firm Reference Number is 310172. Fish Administration Limited is registered in England and Wales. Company Registration Number 4214119. Registered Office: Rossington’s Business Park, West Carr Road, Retford, Nottinghamshire, DN22 7SW.