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New voucher scheme effect on nanny's salary

(6 Posts)
uwila Wed 27-Apr-05 11:46:06

Does anyone know how the the £50 weekly vouchers effect the nanny's salary? Does that mean that her salary is also £50 less per week (hence reducing employer's and nanny's tax obligations)?

Yeah yeah, I know. This is probably wishful thinking. But, I thought I'd ask in case someone knows the answer.

Pamina3 Wed 27-Apr-05 12:43:13

Message withdrawn at poster's request.

uwila Wed 27-Apr-05 16:43:51

no one else?

NannyL Wed 27-Apr-05 22:16:41

Im a nanny

as far as im aware using these vouchers does NOT reduce our salarys at all.
It simply means that you save £50 per week (or whatever it is)
Our salary stays the same

jura Wed 27-Apr-05 22:18:03

Message withdrawn at poster's request.

Butterflies4Brains Tue 03-May-05 12:50:25

Your nanny needs to be registered with the agency who manages the voucher scheme (Nestor Primecare Service). This costs £96. Then the money that is deducted from your salary will be paid to your nanny via the childcare voucher scheme. The rest of the salary you pay directly. As Jura says, you save tax and NI constributions on the £50. However if both parents buy vouchers then you could save about £1000 per year, making it worth considering.

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