Nursery World - A fair share

If you're in a nannyshare or part-time job, what can you do about taxes? Stephen Varhman weighs up the options Nannyshares and part-time nanny jobs are on the increase, as parents require more flexible forms of childcare. But if you do a nannyshare for two families or have more than one part-time job each week, it is important for both you and your employers to be aware of the tax implications. This is because neither type of work is taxed in quite the same way as full-time employment with one family.

Nannyshares and part-time nanny jobs are on the increase, as parents require more flexible forms of childcare. But if you do a nannyshare for two families or have more than one part-time job each week, it is important for both you and your employers to be aware of the tax implications. This is because neither type of work is taxed in quite the same way as full-time employment with one family.

Entering a share

The first pay issue you face in a nannyshare is whether one or both families will be formally registered as your employer. There are three different options here: a one set of parents becomes your employer. The second set of parents then reimburse them privately for their share of your tax and National Insurance (NI) liability.

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