Why you should insist on payslips
Payslips provide a vitally important record of what a nanny has been
paid and what deductions have been made from pay by an employer. They
will be required if you need to prove your income to obtain a mortgage
or loan and are often accepted as proof of employment status by other
organisations. PAYE for Nannies provides either weekly or monthly payslips
as part of its service and these show not only the pay for the current
period but also the amount of pay and deductions of tax and National
Insurance paid to date during the current financial year.
 You
should note that unless National Insurance contributions have been paid,
you will not be entitled to sick pay if you become ill and will not
get statutory maternity pay if you become pregnant. This could result
in a loss of thousands of pounds in income if these circumstances arise.
All nannies have a legal right to be given a payslip at the end of
every pay period showing the basic information related to pay and this
will provide a some reassurance that your employment is being conducted
properly and that your employer is making proper payments of tax and
National Insurance to HM Revenue and Customs. In particular, you may
be reassured that if the payroll service is being provided by PAYE for
Nannies, all payments of tax and National Insurance will have been recorded
by HM Revenue and Customs and we will issue a P60 Certificate to you
at the end of each tax year to provide documentary proof of total gross
pay and all deductions of Income Tax and National Insurance.
PAYE for Nannies would strongly advise all nannies to reject immediately
any suggestion by an employer that they pay "cash in hand"
rather than employ the nanny formally within a PAYE scheme set up with
HM Revenue and Customs. The consequences of participating any such illegal
arrangement could have disastrous and permanent consequences for you
resulting in the loss of benefits in respect of Maternity or Sick pay
and also a potential permanent reduction in the amount of pension you
will be entitled to on retirement.
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