{"id":2386,"date":"2019-02-18T09:30:17","date_gmt":"2019-02-18T09:30:17","guid":{"rendered":"http:\/\/www.nannyjob.co.uk\/blog\/?p=2386"},"modified":"2019-02-18T09:30:17","modified_gmt":"2019-02-18T09:30:17","slug":"2019-2020-national-insurance-changes","status":"publish","type":"post","link":"https:\/\/www.nannyjob.co.uk\/blog\/2019-2020-national-insurance-changes\/","title":{"rendered":"2019-2020 National Insurance Changes"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Our recommended partners at\u00a0www.PayrollForNannies.co.uk<\/a>\u00a0 provide payroll advice for parents and have created this content.<\/p>\n

Parents, as an employer of a nanny, you will need to pay HMRC employee and employer Class 1 National Insurance based on your nanny\u2019s wage.<\/p>\n

Employee national insurance is deducted from your nanny\u2019s gross salary, whereas employer\u2019s National Insurance is an additional cost on top of your nanny\u2019s gross salary paid by you, the employer.<\/p>\n

<\/p>\n

National Insurance is all based on the rates as below:<\/p>\n\n\n\n\n\n\n\n
Weekly Gross Wage<\/strong><\/td>\nMonthly Gross Wage<\/strong><\/td>\nNational Insurance Paid<\/strong><\/td>\n <\/td>\n<\/tr>\n
\u00a3118.00<\/td>\n\u00a3512.00<\/td>\n0%<\/td>\nLower earnings limit and employee not entitled to state pension and as long as not working elsewhere does not need to be submitted to HMRC.<\/td>\n<\/tr>\n
\u00a3118-\u00a3166<\/td>\n\u00a3512-\u00a3719.00<\/td>\n0%<\/td>\nLower earnings limit and NI threshold and needs to be submitted to HMRC as employee then qualifies for statutory payments.<\/td>\n<\/tr>\n
\u00a3166-\u00a3962.00<\/td>\n\u00a3719-\u00a34,167<\/td>\n12% employee pays 13.8% employer pays<\/td>\n<\/td>\n<\/tr>\n
Above \u00a3962.00<\/td>\nAbove \u00a34,1687<\/td>\n2% employee pays 13.8% employer pays<\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

You pay this quarterly to HMRC along with your nanny\u2019s tax and student loan if applicable. If your PAYE bill is over \u00a31,500 a month, you will have to pay your PAYE monthly to HMRC.<\/p>\n

If your nanny has more than one job, it is cost efficient to register separately as employers as each family will then get the benefit of the above exemption of national insurance.<\/p>\n

For NI payment and other advice relating to employing your nanny, parents can contact www.PayrollForNannies.co.uk<\/a> .<\/p>\n","protected":false},"excerpt":{"rendered":"

Our recommended partners at슠www.PayrollForNannies.co.uk슠 provide payroll advice for parents and have created this content. Parents, as an employer of a nanny, you will need to pay HMRC employee and employer Class 1 National Insurance based on your nannys wage. Employee national insurance is deducted from your nannys gross salary, whereas employers National Insurance is an … Continue reading “2019-2020 National Insurance Changes”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,16,19],"tags":[152,153,154,296,299,313,333,373,378,382,384],"class_list":["post-2386","post","type-post","status-publish","format-standard","hentry","category-jobs","category-nannies","category-parents","tag-employee","tag-employer","tag-employing-a-nanny","tag-nannies","tag-nanny","tag-nanny-job","tag-national-insurance","tag-parent","tag-parents","tag-paye","tag-payroll"],"_links":{"self":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2386"}],"version-history":[{"count":0,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}