PANN is committed to nannies and campaigns for improved professional status for this large and undervalued workforce. We also recognise that, through changes introduced last year by the chancellor of the exchequer, nannies now have the option to set up their own limited company, making considerable tax savings. This is not a 'tax loophole' - it is perfectly legal - and we know from our membership that many nannies are looking at the schemes available.
But PANN has not and does not endorse any scheme that sets nannies up as limited companies. As the only trade union representing nannies, it would have been extremely negligent of us if we had not looked at the schemes being set up. Surprisingly, we were approached by only one, Nyman Linden.
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