New pension legislation has been introduced which makes it mandatory to offer your nanny a pension. Each employer is allocated a date (referred to as the staging date) by which time a nanny pension must be in place. From October 2017 any new employer will have an immediate duty start date. “Automatic Enrolment” requires regular and continuous assessment of your workers. Beyond the assessment of your workers each pay period, there are other statutory requirements placed on you as an employer. The outcomes of the assessment must be communicated with your nanny, and in turn an opportunity for your nanny to either opt out or opt in of the pension scheme, and for either the pension provider or employer to handle workers queries.
Tax Nanny Payroll Ltd offer both a managed (NEST 1 ) & general data support (NEST 2) nanny pension interface with NEST. Our nanny pension support packages start from only £63.99 per annum, per employee inc VAT (NEST 2) We also support any other pension scheme selected by nanny employers as a data support option. You can also add on the option for us to complete your declaration of compliance to the pensions regulator.