Make sure that you take care of your nanny tax

Employing a nanny is not as simple as one may think. As soon as you employ anybody, you have a number of legal obligations. Gone are the days of being able to employ someone on a verbal agreement and then just pay those cash in hand. The Inland Revenue is becoming increasingly aggressive in targeting individuals who may not be meeting their tax and employment obligations, however overzealous it may seem. Nanny tax, or should I mention words such as PAYE, NI and of course those other factors like sickness benefit, maternity leave, holiday pay and of course the obligations of the National Minimum Wage Act which has impinged upon all working contracts, has made the employment of anyone extremely difficult to administer.

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It’s no problem in a company with a proper human resourced department, but for a busy individual, having to deal with nanny tax is probably confusing and most certainly time consuming. Nanny Wage Ltd, have created an excellent service, that will take care of all of these difficulties, thus making it easier for the employer to pay their nanny , knowing that all of the tax and employment obligations have been taken care of. This excellent service comes at a minimal cost of £115 per year, and includes an employment contract. Considering the costs involved of employing someone to undertake this, then the price is extremely competitive, and anyone who employs a nanny should seriously consider contacting Nanny Wage Ltd to discuss the services further.

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