b'Nanny Shares Weve got this coveredWhy not split the cost? Due to the increase in childcare costs and changes in the way parents return towork after having a baby, many families are finding it more cost effective toshare a nanny with another family.Essentially all this means is that your nannyTax in that second job starts immediately has another job running concurrently with herleaving out the tax free allowance as it is employment with you. Normally this creates littleassumed the primary employer will have or no concern to an employer, however, in thealready used it. For a second employer nanny industry things can be a little different. paying a net salary (i.e. parent picks up the tax bill) this will mean one family pays a Problems usually arise when a nanny agrees adisproportionately higher tax bill thannet salary with each employer without eitherthe other.the nanny or employer considering fully the tax implications of the nanny having a second job. The task that NannyPaye aims to help you with is finding a mid point that is fair for all In the UK an individual has a personal tax code.employers involved. Its important to noteThis code means that they receive a tax freethat whatever is finally worked out, any allowance each year via PAYE. After the taxallocation of a tax code other than 100% free allowance is used up each week/month wewill mean that the taxes in addition to your then have to pay tax on anything above this. Ifnannys pay will be higher than if she were a person has a second job however, the Incomeonly working for you. 4'