Our Nanny Tax and Payroll Service
When
you take on a Nanny, you become an employer and have to calculate nanny tax and National Insurance, with all the legal and
financial responsibilities that entails. Whilst not particularly difficult,
these are time-consuming and bureaucratic, and unless you are familiar
with the details of PAYE, offer many opportunities to make mistakes.
HM Revenue and Customs applies penalties even to inexperienced employers
who are late with their paperwork and payments. To find out more about
the responsibilities of an employer go to Employer's Responsibilities.
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"Fantastic! Thank you for sorting this out so promptly!
Thank you for taking care of us so seamlessly." Mrs E.K.
London
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Why not let us take the headaches out of paying your Nanny, with
our low-cost payroll management service?
For a small annual fee (only £115, including VAT!) you will be able to avoid
the many pitfalls associated with running your own PAYE scheme and will
be able to rest assured that you are complying fully with all relevant
legislation. Your Nanny can also be assured that her pay and tax are
being properly and promptly calculated and dealt with.
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For our annual subscription we will:
- Set up a PAYE scheme and deal with all correspondence with
HM Revenue and Customs on your behalf.
- Prepare annual end-of-year returns for HM Revenue and Customs
and submit these electronically.
- Produce the nanny's P60.
- Calculate weekly or monthly pay, either net or gross, and keep all necessary
records.
- Provide weekly or monthly payslips for your nanny.
- Calculate the nanny tax and National Insurance due to HM
Revenue and provide you with a comprehensive monthly summary
and the documents you need to pay tax and National Insurance
to HM Revenue (all you need to do once a quarter is
pay via internet banking or write out a cheque for the amount
we have calculated and post it in the pre-paid envelope we provide).
- Provide a P45 when your nanny leaves.
- Calculate any Statutory Sick Pay or Statutory Maternity Pay
due to your nanny and reclaim this from HM Revenue on
your behalf. We are specialists in this particularly thorny
area of expertise.
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