Our recommended partners at www.PayrollForNannies.co.uk provide payroll advice for parents and have created this content.
The standard tax code for tax year (19/20) is 1250L, this then means an employee (a nanny) can earn £12,500.00 per annum before they pay any tax. This figure is then spread over the relevant pay periods in the tax year (52 if weekly and 12 if monthly) this then gives the tax-free allowance for each pay period.
Continue reading “New Tax Level Information for Working Nannies”