Having problems keeping on top of your nanny tax?
Whether you are a business or just an individual, if you are paying someone to do a job, then you have a number of legal obligations. Employing a nanny is not as simple as one may think. The nanny is an employee, and you are an employer, that means that you have a number of obligations under tax and employment law, so it is important that you make sure that you take care of these from the outset, otherwise the Inland Revenue may come knocking. Once you have chosen a suitable nanny, then it is important that you provide them with a solid contract that protects both you and them. The changes in tax and employment laws, means that you need to have a contract that will cover you from breach of certain legislations, which may not seem apparent; Nanny Wage Ltd offers a contract with their pay roll service.
I heard my kid call the nanny Mommy!
Ensuring that your nanny tax is paid correctly can be time consuming and difficult to understand. The Nanny Wage Ltd payroll service takes care of all of the aspects of wages including taxes, benefits, holiday pay entitlement and of course all clearly laid out on a wage slip. This service ensures that you should have no nanny tax problems, and will save valuable time in allowing the experts to sort it out for you. If you think it’s going to be an expensive payroll service then think again, for the price of £115 per year, you will have it all taken care of. So log on to www.nannywageltd.co.uk and let them take care of you.