Live in to Live out

[LouIsOnAHighwayToHell]

Are there any nannies or nanny employers who have changed the job description from live in to live out?
Both bosses will now be living in the UK (one used to work abroad) and the house is now going to be quite cramped with 4 children and 3 adults living in it.
I have suggested that perhaps a way to obtain more room is if I move out and the parents take the nanny flat etc.
So, what would be better? The parents paying the rent of wherever I live or them paying me extra?
This is a new situation for me and would like to know what other would do/have done.
Thanks

Any decisions made?

Sorry, had not scrolled this far down for a day or so and got dumped by boyfriend so all is crap at the moment.
I am moving out. Going to redo contract and ask for a bit more money to cover incidentals. They will pay the rent and any bills associated with the flat etc
Fingers crossed it all works out.

Sorry about the BF

Good luck with it, don't move out unless they pay you enough!

I think you live Richmond way don't you? I'm in Wandsworth so if you ever fancy meeting up for a drink and chat in the RW let me know x

Rent and bills are deemed to be taxable benefit in kind, so you would be have to pay tax on it (20% or whatever) and they would have to pay employer's NI on top of it (12.8%, above a certain amount). It's a huge amount of additional money ...

Simply - I have this week off and am bored to death and am not doing anything so would love to meet up.

Micky - really? so better for them to just pay me more and I pay the rent then. This is all too hard today.

sorry about BF - hope you get other sorted, as we said earlier in the thread moving out = extra bills

Not really "better" because you'd still have to pay tax on it and employer has to pay NI. Basically, any kind of pay increase whether in the form of paid rent/bills or salary rise is taxable at the same rate. Rent/bills of £150 a week would cost £7800 a year, you pay £1560 tax on that (at 20%) and the employer pays an additional £900 roughly as NI. It's a huge additional cost to an employer, you need to be sure they understand that!

Yep, rent is a taxable benefit so it counts as part of your 'salary package' so you get taxed on it. Rent and bills are the net amount so you do need to scale up to gross. It's exactly the same amount of money either way.

Sorry to hear about the BF.

Hi Lou, sorry I have been snowed under this week. Are you free on the weekend?

lou - join us on the 6th if you are free - be fab to see you again

I am free on the weekend and on the 6th.
Blondes - What is happening on the 6th?
Simply - Want to meet up somewhere?

some of are out for a meal/drinks

Hi Lou I'm happy to meet up. Do you have CAT? My subscription has run out! If not I'll post my email here x Are you free this wkend at all? I'm getting my hair done Sat day but free the rest of the time x

I apparantly have CAT. People CAT me all the time but I never subscibed (although writing this will probably alert the techs).

you can be CAT but only if you pay can you CAT I think?! Ok my email is katie _ katiesmith @ yahoo . co . uk

All together obviously