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Nanny Share - other family won't split tax code?

30 replies

TexasBaby · 04/04/2016 21:39

Advice needed! Basic question - do people doing a nanny share let each other know how much they are paying and if it is net or gross? seems like private info but how can I figure out my tax situation without knowing what the other family is doing?

Full story: We are very relieved to be starting with a wonderful nanny soon (our first time using a nanny). She'll be doing 50% of the week with us and reducing her time with another family she has worked with for about a year from full time to 50% with them. She asked us for 10 pounds net/hour. We signed up to Nannytax and they told us she needs to give them permission to split the tax code so that we aren't stuck with a huge bill.

She said today that the other family wants to do the tax separately. I'm not really sure what that means but I think it means they don't want to split the tax. Or maybe they have a gross agreement? I'm not sure what to do because while we can afford a nanny, it seems very unfair (and expensive!!!) for us to be stuck paying all/most of her tax.

Am I missing something? Nanny is super lovely and we want this to work out :-)

OP posts:
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Karoleann · 06/04/2016 14:44

We had a similar situation with our first nanny. It is basically up to the nanny to call HMRC and split her tax code, you and the other family can't do it for her.

I offered our nanny the gross equivalent of £10 based on splitting the tax code 50/50, I sat down with her and showed her the calculations. It was easier to work out back in the day of Mr Anchovy's calculator, but nanny tax will be able to work it out for you. It is then up to the nanny if she wants to do it or not.

sephineee · 06/04/2016 14:58

Mine is two separate jobs as well.

Blondeshavemorefun · 06/04/2016 16:56

I miss mr a calculator :(

Don't know why he didn't do one for 15/16 and now need 16/17

nannynick · 06/04/2016 19:28

For those with an iPad/iPhone, the calculator by Rhys is a good replacement for the MrAnchovy one.

itunes.apple.com/gb/app/uk-salary-calculator-for-ios/id945807341
Important to enter in details in the More:Settings page (hours per week, days per week, employee DOB). Tax code can be adjusted based on an L, P, Y K, BR, D0, D1 or NT code. That should cover most situations.

Blondeshavemorefun · 06/04/2016 22:22

I have that from when you said before kick. It's good but prefer mr a's

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