Taxation

Nanny Job Payroll

The table below shows what the total cost of a nanny is once all the tax has been paid. This table should be used for illustration purposes only.

These figure should only be used as a guide. We advise all parents to seek advice from Inland Revenue or a professional tax advisor such as NannyJob Payroll.

The figures below have been calculated for the tax year ending on 5 April 2017 using a tax code of 1100L.

For example, if you are paying your nanny £400 cash, it means you have actually paid her £498.41 gross and have to account to HM Revenue & Customs for the £57.20 tax and £41.21 employee National Insurance (NIC) deducted from gross pay. In addition you also have to account for the Employers National Insurance of £47.25. The total cost is therefore £545.66 to the employer of which the nanny receives £400 and Inland Revenue receives £145.66

Net Pay Gross Pay Income Tax Employee's NIC Employer's NIC Total Cost Payable to Revenue & Customs
£150 £150.00 £0.00 £0.00 £0.00 £150.00 £0.00
£200 £206.13 £0.00 £6.13 £6.92 £213.05 £13.05
£250 £277.95 £13.20 £14.75 £16.83 £294.78 £44.78
£300 £351.36 £27.80 £23.56 £26.96 £378.32 £78.32
£350 £425.00 £42.60 £32.40 £37.12 £462.12 £112.12
£400 £498.41 £57.20 £41.21 £47.25 £545.66 £145.66
£450 £572.04 £72.00 £50.04 £57.41 £629.45 £179.45
£500 £645.45 £86.60 £58.85 £67.54 £712.99 £212.99
£550 £719.09 £101.40 £67.69 £77.71 £796.80 £246.80
£600 £792.50 £116.00 £76.50 £87.84 £880.34 £280.34
£650 £872.47 £140.92 £81.55 £98.87 £971.34 £321.34
£700 £958.59 £175.32 £83.27 £110.76 £1,069.35 £369.35

 

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