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Our Service
How you pay your nanny
Paying Net
Paying a net salary is the easiest and most popular way of passing
a salary to your nanny. A net pay amount is the pay after all taxes
have already been deducted, leaving you with a set regular figure
to give to your nanny.
For example you may wish to give your nanny £200.00 per week
and put the taxes on top. In this situation NannyPaye would produce
payslips each payday with that exact £200.00 amount showing.
Net Pay Disadvantages
By agreeing a net salary amount you are effectively agreeing
to pick up your nannies PAYE and NI tax bill. Normally this is
a predictable amount of money but it can leave you open to unpredictable
changes in your nannies tax coding.
Paying Gross - Recommended
Paying a Gross salary lets you more effectively fix the cost you
are prepared to pay for your nanny but is slightly more time-consuming
on your part to administer. To pay a gross salary to your nanny
simply tell NannyPaye how much Gross you are paying her and we will
then post payslips direct to you. Each payday open the payslip and
simply pay the net amount we indicate to your nanny. The net amount
will vary very slightly each payday.
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