Hello
I have a nanny starting shortly. It's the first time I've used a nanny so just wanting a bit of advice re the kitty. It will only be a small cash kitty I'm thinking around £20 a week as she will be looking after my 1 year old during the day so probably taking him to a playgroup each day which are around £1-£2 and my school age child has after school activities already paid for by me. So the £20 is for these playgroups/any little bits of shopping ie milk etc (I have big shop delivered as no supermarkets near us) I will obviously leave more in school holidays to cover more outings.
My question is what do you do regarding recording the spending? It seems a bit overkill to ask the nanny to note down or provide receipts for these small expenses but I've read a few threads suggesting that is what people do and even some suggesting it is required for HMRC?? Any advice...
Tia