Do not let Nanny Tax and National Insurance paperwork be a burden
As a parent, you are employing a nanny to make your life easier; so you do not usually advertise the nanny job yourself, you go to nanny agencies. Once your nanny starts work, you become an employer, you have an obligation to pay your Nanny Tax, and National Insurance must then be deducted from the gross pay and paid to the tax authorities. There are forms to fill in and submit and there are penalties if these forms are late. As you can imagine this is all quite complicated and rather daunting if you have not done it before, so why not have this payroll work done for you. A few searches on the internet for something like ‘nanny payroll services UK’ or ‘Nanny Tax UK’, will find a number of potential suppliers of nanny payroll services.
nanny and the bottomless pit
After looking at a few it seems to me that the good service offerings come at a fixed yearly fee and are complete with an employment advice service covering such things as employment contracts and problem resolution. Perhaps best of all is to pick a full service nanny job agency. They are usually larger companies with specialists in recruitment, employment law and nanny payroll issues. They will be able to find you the nanny you need, settle the employment terms and go on to do the monthly payroll relieving you of the burden of tax allowances, income and national insurance tax calculations and all the paperwork that comes as standard.