Nanny from my home childcare idea

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With the evolution of hybrid working and many families working from home more often do you think there is a gap in the market for a hybrid childcare approach?

Basically a Nanny that is also a registered childminder - so would pick up child from home in the morning, breakfast there (clean up all nanny type duties) then on to groups or whatnot - then parents have the option if they would like the child to be cared for at their home or the Nanny’s home depending if they are working from home - then nanny brings child back then dinner and bath ready for parents to take over of a late afternoon/ evening. Can’t decide if there could be a gap in the market or if it’s too complicated.

Yes but it's called childminding not babysitting.

The reguations say you do not need to register if you are a nanny (even if you look after them in your own home etc).

An experienced nanny earns on average about £45k per year (£20+ph), with use of a car, paid holidays, and sometimes health insurance etc.

A childminder (where I live, South West) earns £5-6 per hour on average, and can have more than one child.

If this family is offering you £45k and that works for you / is more than you get as a childminder, do it, but with a formal contract etc.

You can’t nanny from your own home.

I see that makes more sense. I meant more the concept of SAHM as usually people with nannies want to do that because they basically want someone who is looking after their child on their terms, so if you're doing it in your home I don't really get why they'd want that (as I'd be cynical and assume you're doing your own housework etc when you're meant to be looking after my child). I'd also assume that people that can afford a nanny have a separate space for their office and like to see their child in between breaks, I know I would. But there may be some people who would go for this idea.

A childminder is not a babysitter.

A babysitter can be anyone.

There as a childminder has to follow the early years foundation stage framework.

Honestly sounds like heaven to me. We split childcare between a nanny and nursery so they have some home time and some out time. It has been a good model but I would like them to have more of the home bit... but not here. It's lovely to be able to concentrate/clean and have some time alone but without paying the full day nursery rate or when bugs are circulating.

Judging by most of the replies I must be in the minority but I think it sounds like a good idea, you have all the necessaries, I'd just be sure that it's financially viable and have a plan for what you do when the first child goes to school and your income drops. Would it still work with one child?

Not sure why the replies are so negatives

A nanny is an employee while a childminder is self employed which is probably why it hasn't been done.

The OP needs to workout how she is going to cover the cost of things like toys, equipment, food, etc in her own home while looking after the children.

Unless I've misunderstood she's already a registered xhildminder so nothing different is needed

Her tax.

How is she going to account for her self,-employment income as a childminder versus her employment income as a nanny?

The latter is taxed and has NI deducted before it is paid to her, while with the former she sorts this out herself and deducts her expenses.

Where did you say tax?

I was replying about the toys but as you mention tax loads of people have both employed and self employed income, thers a whole online tax return system dedicated to it

It's a non issue

Yes but she's talking about doing it all as one job, for one family. Not an employed job and a self employment alongside.

That's allowed isn't it?

Not for childcare, each location requires a different registration... hence the OP asking in the first place.

I'm obviously totally not getting this thread 😀, she has both registrations alrqady

I'm surprised at the negative replies. We had a nanny when 2 of our DC were young and I mostly worked from home and would have loved this. Yes, I had a separate office but I could definitely hear normal child noise from elsewhere in the house and our lovely nanny probably felt under more pressure than normal to take them out to groups etc and keep noise from escalating too much.

That sounds a good idea. Check out the administration requirements.

Thank you for all the feedback positive and negative!
In terms of tax I run my childminding biz through a company anyway. Could just invoice two days as employed and two through the business.
I’m glad some people think the idea has legs… the couple I would potentially do it for I have worked with for 18 months already and as they use my childminding biz know I don’t just do housework when kn supposed to be engaging with their child (??!!) sad that’s what people think about childminders.

This family have customers come to their house some days - think therapist type job where they don’t want to risk the noise of a child. Yes their house is very large but toddlers screams can travel!
Also the idea that when parents WFH they can pop in say hi and then go back to work without causing upset with the child is quite unusual/ especially if baby/toddler age.

I think it’s a good idea if you can make it work for you. I think many WFH parents would like such a setup.

To have the children in her home she has to be a registered childminder

A nanny can’t take children to her own home to mind them

A cm is self employed and earns £6/7ph area depending as usually has 2/3 children all day

A nanny is employed by the family and cost £15/20ph

So what would you be op

A nanny or cm

She is a registered childminder as well as a registered nanny. She can split her week into two jobs, as childminder and nanny, both registered and paid differently. She can charge what she wants. If she wants to charge “nanny” rates for the cm part, she can. Childminders don’t have to have 2/3 mindees - my cm only has one mindee. The OP does this at the moment and is considering changing.

I'm not sure it really matters as long as everyone is happy and the OP has all the relevant paperwork, does it?

It’s something that DH and I would have loved as we WFH a lot when our first DC went to childcare but not so much now. I tend to agree with PP that it’s probably a bit niche, can’t imagine it being a high priority for a lot of families, particularly as nannies tend to take the kids out a lot for activities anyway