How much do you pay your nanny?

chellesgirl

Is that really legit?

I know lots of people who claim their nanny is se but I've always been under the impression if you work fixed hours regularly for a family they have to employ you? Wish it weren't so would save me a fortune.

Because it costs the parents more money. I am happy with £40 - 80 a day depending.

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

It may seem stupid and foolish not to charge for petrol etc... but I need work and offering parents what they need makes us both happy.

if you are se then why dont you charge for petrol and other car expenses and put them through your books?

I have all the relevant qualifications as nanny and more. I feel parents need to have childcare that meets all thier needs.

I do not charge for petrol I use, nor do I expect a car as I have my own.

I am Self - employed with the inland revenue. I am set up as a 'small business'.

So I offer my families what they want.
I do charge to do extra cleaning as I know it can be helpful.

not sure if how you are a se nanny?

se menas you set the days, hours and duties you do

sounds to me that you do what the parents want - therefore making you employed

a nanny should do childrens washing as part of her normal nursery duties

so why would you get paid more for doing their washing?

a nanny doesnt normally clean - thats what cleaners do

nannies get paid by the hour or a set daily rate - they do not charge per child so I dont understand why you seem to charge £6-10 an hr depending on what you are doing

you need to have a set rate

and £2 a week tax - so just over £100 a year

I pay about that a week!!!

my dh is se and he pays way over £2 a week

zuzkah

I am a self employed nanny. I do not expect my family to pay my NI or Tax.

If you find a self employed nanny, like me you would tend to pay about £7.hr.

I charge between £6-10 hr depending on how many children and the role I am meant to play, such as doing cleaning and children's washing etc...

As a Self employed nanny I opt to pay £2.00 tax every week non stop throughout the year. My national insurance is about £16 a month so having to pay this doesnt really put me out of pocket.

Where as if I was employed by the family I would be loosing alot more money every month and so would the family.

I charge just about the same rate of pay that you would expect for a day nursery, but the child/ren are getting one to one care.

In London Day nurseries can be quite expensive...am I right?

I would think 2 days per week and only one child isn't worth the price of a nanny the hassle of being an employer, unless you are going to work unusual hours which make a childminder/nursery impractical.

Once you have a second child the nanny becomes a bit more attractive financially.

cm charge roughly 4/5ph depending on area so costs are about halfed compared to a nanny

as cm's are se and nannies you have to pay tax and ni for as well as employers ni

A nanny is quite an expensive option, with just one child

a childminder or nursery would definitely be cheaper

You would also save some money with a nanny-share arrangement.

There are other options apart from a nanny. Childminders, nurseries...not all will cost as much as a nanny.

She's very unlikely to be self-employed, as most nannies don't meet the criteria. In your situation you would be employing a part time nanny, so would need to pay her tax and NI and employers NI (there are nanny payroll companies who will do the admin for you if you prefer). Lots of nannies and nanny agencies still talk about net pay, but make sure you agree a gross wage with her, especially as she is likely to have another job on the other days - otherwise the tax situation for you gets very complex.

There's some info here about being an employer:
www.nannytax.co.uk/parents/employerguide/responsibilities.html

Depends on where you are really, and the experience of the nanny. Generally you'd expect to pay her from £7 gross an hour upwards - more like £10 gross an hour in London I should think. Plus your tax as an employer on top of that, plus food and mileage, and activities.