Nanny wages? £450.00 per month??

[ziopin]

Does £450.00 sound a fair wage for 22 hours (7 weeks paid holiday + bank holidays a year)

Part-time nanny bringing her own 3 month old baby with her.

Will she liable for tax & NI, can I pay her in Childcare vouchers?

Thanks

i'm not sure. I know if a nanny returns to work for the same family the wage either remains the same (unlikely) or is reduced up to ten pounds a day.
if its a nanny going to work with her own child I think its not really treated as a share, as its her child and she would be paying for her own services (do you get what i mean?)

My friend is due to have her baby any day now and is returning to work in a new job in sept but as a sole charge nanny, not a share. have you called any agencies? some are pretty god at giving advice, some just want you to register so they can take your pennies!!!!! TLC nannies is a great agency, ask to speak to louise.

I guess what I meant was shes paying my tax and ni and her own too, its a huge huge bill.

if she was working for someone else she wouldnt have that headache, thats what i meant. Its double the fun for her and its expensive.

I'm now in a higher tax bracket, and she is too.

I think that you will need to pay her minimum wage.

However, if you put your two kids in one room, and hire a live in nanny/au pair (not sure what the hours and duties are so au pair is perhaps not appropriate), you do not need to pay her minimum wage.

We have 4 bedrooms. One is an office. One belongs to the nanny. One is a (very small) office. And that leaves one for both kids. They have shared since the younger one was 6 months old. And it's never been a problem.

Right I typed "one is an office". One is obviously my and DH's bedroom.

guess what?!!

i've just had another pay rise!!!!!!

only joking, just thought it might break the mood and make you laugh!

If your nanny registers on the approval scheme then you can use the vouchers. I receive £243 p/m for each of the childminded children I look after but not sure how this is worked out. Also, I have a friend who was a nanny and both her employers could claim the childcare vouchers which cut their nanny bill by nearly a third.

I don't see this arrangement as a nanny-share as there will only be one set of employers. However, as she is bringing her own baby, you could negotiate a lower rate of pay.

Would it be possible for you to find another family to do a nanny-share with or would that be too many children?

I was a nanny and after I had my ds I really struggled to find a nanny job where I could bring ds along. For 2 years I took part-time jobs and eventually registered as a childminder. Would it be possible for her to childmind your children at her home?

I don't know much about these things but when you think of wages being lower in SW, you shouldn't include Cardiff in that. It's become quite an expensive city over the last 5yrs.

Fifilou, you are worth whatever market forces dictate you should be paid. I'm sure you're a good nanny it's just that many people recognise a nanny as the best child care option but it's out of their reach. I'm a teacher so 2yrs of alevels followed by 4yrs at uni and if f/t and at the top of the standard pay scale (outside london) salary is around 30k. But, I can't complain because it's the public sector. DH on the other hand, charges himself out to clients at between £600 and £800 per day! Market forces I tell you!

Assuming the nanny has an unvaried taxcode (can't remember what the taxcode is off hand, but the online calculators don't ask you to enter it, unless it is different), then £450 net per month, is £5450 gross per year. With 22 hours being worked per week, that makes it £4.76 ish per hour, which is below national minimum wage. Unless the nanny is Live-In, you would need to increase up to NMW (£5.35 if aged 22 years or older).

Eleusis wrote: Can someone tell me what £28,600 net is equal to in gross?

Give or take, it is £39,085 gross for 2007 tax year. Tax Calculations

LOL Jura - I take it you've already met your utilisation target for the week then

Those partners need to get their whips out [guffaw]

my friend is a nanny. she works 22 hours a week and gets £565 a month and 7 weeks paid holiday.

how many days does your nanny work a week?

sorry i got that wrong. its actually £577.50 she informs me! works out at just over £6.50 per hour, but she has a lot of holiday.

is min wage really £5.35?

at our place you get paid £4.90 if under 22 and £5.15 if over 22.