Does the nanny need to contact the tax office to split her tax code?
No. She will automatically receive a higher net pay from the employer who has the tax code, and a lower net pay from the second employer. Added together, she will receive the correct net pay. Splitting the tax code will not increase her pay overall. Are there any disadvantages? You each have to calculate and maintain payroll records (or pay us to do it for you). That means you each pay an annual subscription fee. However, if you join us together you can take advantage of a reduced introductory rate for nannyshares. You each pay 199.00 instead of 225.00. Are there any other implications I should know about? Your nanny has two separate employers, so if she is sick she could be entitled to SSP from each. Provided her earnings in each employment were high enough, she would receive double the normal rate of SSP. The same could apply to SMP if she has a baby. All SMP and almost all SSP is funded by HMRC, so neither employer would be out of pocket. Are there any other options? The employers c
