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Nanny Payroll

If you decide to employ a nanny, you become an employer and have the same legal obligations as any limited company or a large PLC.

These will include the calculation and deductions of PAYE tax and National Insurance Contributions, and their payment over to the Inland Revenue.

These calculations are time-consuming and bureaucratic, and you will need to be familiar with the details, rules and regulations of how to operate the PAYE system. Mistakes are costly as the Inland Revenue often applies penalties even to inexperienced employers who are late with their paperwork and payments.

Look no further, Let Pay for Nannies take that burden away from you!

For an annual fee of £120 plus VAT, Pay for Nannies will place at your disposal fully qualified staff, which will ensure that your nanny payroll is run in full compliance with current legislation.

If you prefer to pay your nanny on a weekly basis, the annual cost will be £180 plus VAT.

Our Annual Fee will cover the following:

Setting up your PAYE scheme and dealing with all correspondence with the inland revenue on your behalf
Processing your nanny's tax forms when they start working for you.
Running weekly (or monthly) payroll to find the net pay for your nanny and keep all necessary records.
Providing weekly (or monthly) payslips for your nanny. These can be e-mailed to you or, if you prefer, sent to you via post.
Calculating the liabilities (PAYE tax and National Insurance) due to the Inland Revenue and provide you with information and guidance on how they are to be paid.
Calculating any Statutory Sick Pay or Statutory Maternity Pay due to your nanny and reclaim these from the Inland Revenue on your behalf.
Providing a P45 when your nanny leaves.
Preparing your annual returns (P35 and P14's) and submit them to the revenue electronically. By submitting these electronically you will qualify for the £75 cash back incentive offered by the revenue for 2009.
Producing your nanny's P60 at the end of the year.

Our fees are payable annually in advance prior to the beginning of each fiscal year, i.e. on or before 05 April