{"id":2401,"date":"2019-03-11T07:00:49","date_gmt":"2019-03-11T07:00:49","guid":{"rendered":"http:\/\/www.nannyjob.co.uk\/blog\/?p=2401"},"modified":"2019-03-11T07:00:49","modified_gmt":"2019-03-11T07:00:49","slug":"student-loan-advice-for-parents-nannies","status":"publish","type":"post","link":"https:\/\/www.nannyjob.co.uk\/blog\/student-loan-advice-for-parents-nannies\/","title":{"rendered":"Student Loan Advice for Parents &#038; Nannies"},"content":{"rendered":"<p><a href=\"http:\/\/www.nannyjob.co.uk\/blog\/wp-content\/uploads\/2019\/03\/mentor-3513738_640.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2402\" src=\"http:\/\/www.nannyjob.co.uk\/blog\/wp-content\/uploads\/2019\/03\/mentor-3513738_640.jpg\" alt=\"\" width=\"640\" height=\"352\" srcset=\"https:\/\/www.nannyjob.co.uk\/blog\/wp-content\/uploads\/2019\/03\/mentor-3513738_640.jpg 640w, https:\/\/www.nannyjob.co.uk\/blog\/wp-content\/uploads\/2019\/03\/mentor-3513738_640-300x165.jpg 300w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 984px) 61vw, (max-width: 1362px) 45vw, 600px\" \/><\/a><\/p>\n<p>Our recommended partners at <a href=\"http:\/\/www.PayrollForNannies.co.uk\" target=\"_blank\" rel=\"noopener\">www.PayrollForNannies.co.uk<\/a>\u00a0 provide payroll advice for parents, and have created this content.<\/p>\n<p>A nanny may have an outstanding student loan when starting work for a parent, this will either be noted on their P45 from previous employment, or HMRC will send a notice through to the parent or the parent\u2019s payroll agent.<\/p>\n<p><!--more--><\/p>\n<p>If a nanny does not have a P45 from previous employment, they must complete a Starter Checklist. On the Starter Checklist, it will ask if a nanny has a student loan and what Plan they are on.<\/p>\n<p>Student Loan deductions from a nanny\u2019s gross wage are payable to HMRC along with tax, National insurance and employers National Insurance. This will be paid to HMRC quarterly unless the PAYE exceeds \u00a31,500 a month.<\/p>\n<p>The thresholds for Student Loan deductions are:<\/p>\n<ul>\n<li>Plan 1 &#8211; \u00a318,330 annually (\u00a31527.50 a month or \u00a3352.50 a week)<\/li>\n<li>Plan 2 &#8211; \u00a325,000 annually (\u00a32083.33 a month or \u00a3480.76 a week)<\/li>\n<\/ul>\n<p>Nannies pay 9% of their salary above these thresholds.<\/p>\n<p>Plan 1 is for students that lived in England, Wales, Scotland and Northern Ireland and started their course before September 2012.<\/p>\n<p>Plan 2 is for students that lived in England and Wales who started their course after September 2012.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Our recommended partners at www.PayrollForNannies.co.uk&#49824; provide payroll advice for parents, and have created this content. A nanny may have an outstanding student loan when starting work for a parent, this will either be noted on their P45 from previous employment, or HMRC will send a notice through to the parent or the parents payroll agent.<\/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":[153,154,193,244,296,299,306,313],"class_list":["post-2401","post","type-post","status-publish","format-standard","hentry","category-jobs","category-nannies","category-parents","tag-employer","tag-employing-a-nanny","tag-getting-nanny-job","tag-jobs-in-childcare","tag-nannies","tag-nanny","tag-nanny-employer-relationship","tag-nanny-job"],"_links":{"self":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2401","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=2401"}],"version-history":[{"count":0,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2401\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nannyjob.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}