Nanny tax, payroll and insurance

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Hi all, our first nanny is starting in a few weeks, and I am looking for recommendations for payroll services and employer's insurance. Has anyone figured out how to do payroll themselves and how much of a headache is it? Is it worth paying a service?
I'm watching another thread about all the other practicalities, but need to get this sorted before we start!
Thanks.

Fulltime nanny, so not likely to have other income or a part time nanny?

Is employers insurance not included in your home contents policy?

Have you agreed a Gross salary - is it x amount per hour, per month, or specified as an annual salary.

Are you good at remembering when to do things? One thing a payroll company does is they remind you when its time to make payments to HMRC and they remind you how to do it.

In the past Ive hsd a boss who did payroll themselves, all went smoothly. The system has changed/is changing so it may become easier/harder... time will tell.

Part-time, so we'd be her second employer.

Nannynick, i'll check with our home insurance policy. Maybe if it isn't already included, it could be added.
Salary is per hour, gross, so tax and NI come off that, and we pay our NI on top, I believe?
Thanks for your help.

Yes you deduct employee income tax, employee NI and pay those to HMRC every 3 months. You pay employers NI on top.

Have a look at P49 (I think that is the payroll document) which takes you through doing a payroll run. If you can read and understand that then chances are you could do payroll yourself if you have the time to spend doing it.

A payroll company will charge £125-150 a year. Good option if you don't want to produce payslips yourself.

Thank you! I'll have a look at that, I would have thought a template for payslips would be easy to find or make. Insurance is sorted, just need to apply for a CRB. I am so excited, she seems lovely.

How are you going to apply for a CRB check? Parents can't directly apply for one. If you have used an agency to find your nanny, the agency can arrange a CRB check. If you are in England and your nanny is registering with Ofsted as a Home Childcarer, a CRB check is done as part of that process.

BrightPay creates payslips I think. I've not used it... but take a look and see if it will meet your needs as it's Free for up to 3 employees.

I use Payefornannies and find the fee far outweighs the hassle of doing it myself. The family we used to share our nanny with did it themselves though without too much trouble.
Just make sure you understand your tax position as a second employer, I believe you typically wouldn't get any of her personal tax allowance.

Thanks for your help everyone. I think we're getting there...
Does anyone have any recommendations about particular payroll services, since I think we've decided to go down this route. I have looked at PAYEfornannies, and they are certainly one of the cheapest. As we'll only have our nanny for 2 days a week, and I'll only be working 20 hours a week (and being paid only £2/hour more than her) I need to keep the cost to a minimum! But I want it to all go smoothly! Any experiences to share?
Thanks again.

You need to make sure that you put gross and only gross in any agreement, and definitely the contract, to keep the costs stable for you.