How much do you pay your nanny?

i agree with nick that you can be a se nanny for temp/mn work - i was - but i chose what days and hours to work

but as nick said if you are in a regular 2 day job which the employer chooses the hours - this makes you employed

will you be taking your own baby with you?

zuzkah - I think you have already established this, but I feel a nanny to care for just one child is not financially viable. If you desire 1:1 care then that's fine... also it may be the only option if the working hours are unusual. But if it is (8-6) working hours and you don't mind your DS being cared for in an environment where there are also other children - then a Childminder or Nursery work out cheaper.
To answer your question regarding salary... my view is that a nanny will cost you around £125-£160 per day (inclusive of taxation, outings expenses, some allowance for food heat light etc.) with the higher figure representing London price.

Interesting discussion... I see the same old thing keeps coming up.
I don't feel there is any hard-and-fast rule with regards to this... end of the day it could be down to an individual Status Officer's decision. They will look at the bigger picture... and could well decide that some aspects fit with Self Employed status, while other aspects fit with Employed status. My guess is that if there is a permanent contract in place, for say 2-days per week, then that is Employed status. Whereas if it was 2-days every now and then, where there is the option of saying 'sorry, I'm busy' then it may fit with Self Employed.
Chellesgirl - being a 'small business' makes no difference... you are probably a Sole Trader. You should make sure you are not falling fowl of the IR35 rules which became law in April 2000, which stopped nannies (and other occupations) being a Personal Service company.

so you do only temp work then ?

nothing "regular" / permanent ?

its something i could be interested in doing, to fit in with my family and children more

but don't know if i could be @rsed with the whole paperwork / tax side of it ?!

always happy to accept an appology

oh by the way jujumaman... Your nanny can be paid cash in hand as long as she does her own NI and pay her own Tax. Try giving the inland revenue a call.

I am registered as a 'small business'.

Blondeshavemorefun - I have to apologise to you. NO arguments please. I have rang the Inland revenue today and as I have not been working for a long since having a baby,(though I was previously working as a nanny before hand) I am actually not paying any tax at the moment! But once they receive accounts and specific wage in OCT Ie. invoices they will then calculate how much tax I will pay. BUT i can let you know that this will be no more than £32.00 a week at present. Though my National insurance is only £4.86 a month!

I know you do not rip people off...I was simply inplying I dont expect my family to have to pay an extensive amount of money and do all the paperwork too.

Tax and NI is debited from my business account. Just because I get paid cash in hand does not mean that tax/Ni can not be paid.
I give my families invoices and they get sent to H&M RC in Oct, with tax return.

Does nobody pay cash to the nursery there child goes to? Well my business is the same.

As self employed I am liable for my company. It success or failure, profit or a loss.

Flowerybeanbag - i know you wernt i was trying to say thankyou for pointing it out to everyone. Sorry, should have just said THANK YOU'

jujumaman I tried putting the link in but its in adobe format where you can not link nor copy and paste. soz.

Supernanny19- why my age? whats that to do with anything?

i do not rip people off

i expect and earn a good wage

im still very interested about the £2 tax a week - sure my dh would like to pay that our his tax bill was in the thousands

will you be taking your baby with you>

"cash in hand" implies no tax / ni has been paid

chelle pays this ( but seems really low?!)

I thought you can only be S/E if a temp / ad hoc nanny ,not permanent
or if you are a maternity nanny

Chellesgirl do you only do temp work?

zuzkah what's the for?

chellesgirl I wasn't questioning whether or not you meet any or all of the criteria for being self-employed. I know nothing about your circumstances. There was some debate about being self-employed so I thought that link may be interesting to some people either on or reading the thread, as sometimes people aren't clear about how self-employment is defined.

Juju I don't think HMRC is interested in how your nanny physically gets her money, so if you and she would rather give it her in cash I can't see a problem with it. As long as she has payslips and other documentation, her tax and NI is paid by you and appropriate records kept by you that should be fine.

chelles girl

Can you link to where the revenue says you can be paid cash in hand please?

My nanny would prefer to be paid this way and it would suit me too, however we're both still under the impression it's illegal. Unless you are just doing a bit here and a bit there for families with no set days or hours, as they need you. In that case, it could work.

How old are you chellesgirl?

And also, sorry i rant on...I have worked since I was 15, even while I was at school. I have paid a heck of alot of tax in my short life, thousands from one company. But It does not suit me.

I do alot more for this country, more than I can say for the illegal immigrants whi take all the benefits.

Flowerybeanbag. Everything that the inland revenue state about being self-employed is correct about me.

Take a look blondeshavemorefun. It will show you what I mean by myself being self-employed.

I just wish people would stop judging. As long as I pay tax and NI i dont see why you critisise me.

Your a nanny I take it and like being employed...Well I dont. I like to be able to chose the days I work, when and where and how much I get paid.

But it can only be done with childcare.

And you do know that the Inland revenue allows you to be paid cash in hand if the family you work for finds it easier that way.

For anyone interested in defining employment or self-employment, there's a helpful leaflet from HMRC here - you'll see that most nannies wouldn't fit into that category unless they work on an ad hoc basis or for lots of different families or something.

You may not be able to survive on £40 a day, but I also own my own mechanics company with my partner.

You just dont get it.

I earn what I want, what my family needs. I dont charge people 100's £££ a week and rip them off. I give them what they want.

I also chose class 2 for my NI as well.

I will be paying class 4 when I earn enough and this will show on my self assessment form most likely next year as I have only been back to work since 6th Feb after being on maternity leave.

No as I said, Im a business and If you look it up on the inland revenue website, wait ill paste the part here for you to see.

I am legal, I pay tax and NI.

From Form SE1.

' There are two types of National Insurance for self-employed people. Class 2 which is a fixed weekly payment'. Class 4 which is a percentage of your taxable profits'.

I Chose Class 2.

jujumaman - no it isnt legit

At the end of the week, the money is mine to spend, cash in hand at that

excalty - cash in hand!!! doesnt that tell you something!! i couldnt survive on £40 a day and if you are earning £80 then you would def be paying more tax than £2 a week

And it may seem strange to parents who have not has me work for them, or other nannies but every parent I have worked for seem to like the way I present my services

course they do,they arent paying huge sums for childcare, and what they are doing is illegal!! Have you to mentioned to them that if the tax office catch up with them that they may have a £3k fine and may go to jail?

you are fiddling!!

because of people like you who tell famillies it is ok not to pay tax, this is why many fammiles WONT pay a nannies tax and ni and want to pay cash and why so many job advertise illegaly!!!

jujuaman, It is legit as I am a 'business'. I am looking to bring aboard other nannies that would like to work this way.

I am also In the middle of setting up a fitness class for mums that provides childcare in the same building. Though I will be employing other staff and this will be a partnership. This will take part in the evenings.

I also run a mechanics company with my partner.

A busy woman.

And it may seem strange to parents who have not has me work for them, or other nannies but every parent I have worked for seem to like the way I present my services.