February 10, 2025
If you employ a nanny or other domestic worker in your home, you must pay at least the National Minimum Wage (NMW) or National Living Wage (NLW). These rates are increasing from 1 April 2025. New Wage Rates from April … Continue reading
September 22, 2022
Today the government announced an in-year reduction to National Insurance rates starting from the 6th November 2022 and the cancellation of the Health & Social Care Levy as a separate tax due to be brought in on the 6th April … Continue reading
May 3, 2017
There are now two ways of getting help with childcare costs; Tax-Free Childcare and childcare vouchers. Which scheme is best for you will depend on how much you earn and if both parents work. Tax-Free Childcare Tax-Free Childcare is a … Continue reading
May 2, 2017
It might seem like an easy option to treat a nanny as self-employed – no hassle with nanny tax, no employer’s NI to pay. However, both you and your nanny can run into trouble with HMRC if you don’t pay … Continue reading
November 15, 2016
Thinking of rewarding your nanny’s hard work with a gift or bonus this Christmas? Then read on. Just because it’s Christmas doesn’t mean the tax rules disappear. The rules around rewarding staff at Christmas are confusing and can turn a … Continue reading
October 31, 2016
Christmas is a hectic time for most families and it’s also a time when your nanny may want some time off to spend with friends or family. Many families choose to give their nanny time off over the festive period … Continue reading
October 25, 2016
Rachel Carrell of nanny share company Koru Kids gives her tips on how to make a nanny share work for you. Nanny sharing is an increasingly popular option to keep the cost of childcare under control. Nanny share means that … Continue reading
October 12, 2016
How much you decide to pay your nanny will depend on where you live and the duties that you expect your nanny to carry out. But one thing’s for sure, it makes sense to agree a gross rate rather than … Continue reading
October 6, 2016
If you’re enrolled into your workplace pension scheme you can continue to build up your pension benefits while on parental leave; that’s maternity leave, paternity leave, adoption leave or shared parental leave. Any sort of parental leave will form part … Continue reading
September 7, 2016
We give you the lowdown on gross v net pay and explain why you need to say NO to net. When salaries are discussed the amount quoted is usually a gross figure – ie the amount an employee gets before … Continue reading
