Nursery World - Cut it out

Your boss may cut corners in your employment to save money - but it only creates pitfalls, says Stephen Vahrman When parents employ you as a nanny there are two practical issues they will immediately have to face. The first is the cost of your employment - which comes out of their own pocket, and which is considerably greater than the net (take-home) pay they may have agreed with you at your interview. There is no doubt that this can be a strain on many parents' personal finances. The second issue is the responsibility they face as an employer to administer a PAYE scheme on your behalf and pay tax and National Insurance (NI) contributions to the Inland Revenue, as well as providing you with regular payslips showing these deductions and various other forms, such as a P45 when you leave and your P60 annual summary of earnings.

When parents employ you as a nanny there are two practical issues they will immediately have to face. The first is the cost of your employment - which comes out of their own pocket, and which is considerably greater than the net (take-home) pay they may have agreed with you at your interview. There is no doubt that this can be a strain on many parents' personal finances. The second issue is the responsibility they face as an employer to administer a PAYE scheme on your behalf and pay tax and National Insurance (NI) contributions to the Inland Revenue, as well as providing you with regular payslips showing these deductions and various other forms, such as a P45 when you leave and your P60 annual summary of earnings.

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