Nanny Payroll and PAYE Services from Taxing Nannies

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 30, 2012 --

Employing a nanny brings with it the same obligations as any business taking on an employee. By law, therefore, an employer must account for Income Tax and National Insurance Contributions on the salary paid to a nanny or mothers help, whether they are full time, part time or temporary. A nanny's salary is normally quoted net of deductions (i.e. the amount she wishes to receive in her hand), and it is therefore the employers responsibility to pay over to PAYE, Employees National Insurance and Employers National Insurance to HM Revenue & Customs in addition to the net salary paid to the nanny. Expenses paid in benefits provided on behalf of a nanny in addition to her salary may be liable to a separate charge to Tax and National Insurance.

Remember that avoiding the taxman is illegal. If HMRC catches up with an employer who has failed to declare their nanny for tax purposes or has tried to maintain that she is self-employed, then they will be liable to pay the correct Tax and National Insurance Contributions, interest and penalties. There is no legal right to seek repayment from the nanny.

Nanny Tax and Payroll services like Taxing Nannies, can really make it easy for you. We help our clients by taking away the stress of calculating the tax payable on your nanny’s salary and providing payslips, as well as lots of tips and facts and we file your nanny tax return. This makes the whole process simple and leaves you free to manage your childcare arrangements, knowing your nanny is being paid correctly and so is your tax!
For just £20 per month (including VAT) we will take care of everything related to nanny tax issues including opening a nanny PAYE scheme, calculating nanny tax and National Insurance and providing regular payslips to your nanny, advising on Sick Pay and Maternity Pay, and handling all dealings with HM Revenue & Customs. (View our full list of payroll services on our website.

Taxing Nannies is the best nanny tax and payroll service. We have a very high ratio of staff to clients and are led by Sara Graff, a mother with much personal experience of employing a nanny as well as a Chartered Accountant and Member of the Institute of Taxation for over twenty years.

Our service is easy to subscribe to. Contact post@taxingnannies.com or visit our website http://www.taxingnannies.co.uk/ for more information.

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