|
|


Nanny tax service
£109 P/A with no additional VAT for
monthly paid employee's
£199.99
P/A
with no additional VAT, for weekly paid employee's
Temporary Payroll from £59.99
Tax Nanny Net to Gross Calculator
Tax Nanny Backdated Payslips
Tax Nanny Free Nanny Contract
Tax
Nanny P35 & P14 EOY online
Tax
Nanny P45 & P60 online

Tax
Nanny SSP & SMP Managed
Domestic
Employee Tax Service
HMRC £75 for online filing (08/09)
We use the latest and
most advanced Nanny Tax Calculating Software

|
|
Important changes from April 2007 -
Ofsted Childcare Register (OCR) will replace the childcare approval
scheme.
Under the new Ofsted register the
nanny will be required to have a valid first aid certificate and
public liability insurance. She will also be required to confirm
that she is suitable to work with children and that she has training
in the common core skills.
Cost to be registered will be £100
per application per annum, plus £36 for the CRB check. The CRB check
must be done through the post office verify system and will be
subject to a £8 admin charge. However The Government is subsidising
the CRB check in full until April 2008.
The Nanny can still be approved
under the Childcare Approval Scheme until September 2007. After this
date the nanny must be Ofsted registered in order for parents to
continue receiving financial support
FOR
FAMILIES -
What are Child
care Vouchers?
Child care Vouchers are one of the ways in which employers can
support their employees with the cost of childcare. Child care
Vouchers are exempt from National Insurance Contributions (NICs) and
Income Tax for employees up to the value of £55 per week or £243 per
month (April 2008) so they can help you to save money with your childcare
fees.
How does a Child
care Voucher Scheme work?
Your employer will need to sign up to a Child care Voucher company
and will pay that company an administration fee for their service.
The voucher company will either supply you directly with your Child
care vouchers or they will provide your employer with them, which
they will distribute to staff accordingly. Employees in receipt of
Child care vouchers can use them to pay their childcare provider.
The childcare provider will then redeem the value of the voucher
from the Childcare Voucher Company, usually by direct payment into
their bank accounts.
How do Childcare
Vouchers save you money?
Childcare Vouchers are usually offered as a salary sacrifice option
by employers. This means that you sacrifice a specific amount of
your salary into vouchers usually £243 per month (April 2008) as
this amount is exempt from NICs and Income Tax
What is salary
sacrifice?
Salary sacrifice means that an employee formally agrees to a
reduction in their salary and instead receives that amount in
Childcare Vouchers. The value of the Childcare Vouchers is exempt
from NIC. The contract between employer and employee will need to be
updated or a signed agreement included within it reflecting the
salary sacrifice agreement. This should make clear the reduction in
salary the employee has agreed to, the length of the agreement and
the amount they will receive in vouchers.
Can all child care
providers accept payment through Childcare Vouchers?
Yes, as long as they have a bank account. In order to receive the
Childcare Voucher reimbursements the childcare provider will need to
register their details with the Childcare Voucher Company. This is
usually a record of contact details, registration number where
appropriate and bank account details. There is no cost to the
childcare provider in receiving payment through Childcare Vouchers.
Information packs explaining Childcare Vouchers to childcare
providers are available from most voucher companies, should the
childcare provider have any concerns.
FOR NANNIES -
Nannies approved under the Childcare
Approval Scheme (CAS) or OFSTED will continue to be approved until
their approval expires (one year after it was granted). Approval
under OFSTED will mean parents
if they are eligible, claim the childcare element of working
tax credit and employer supported vouchers.
|