How much might a nanny cost?
A full time nanny can cost anywhere between £250-£450 per week, depending on factors such as whether you provide a room for them or not, the number of children you have, their ages, average rates in the area you live, hours the nanny is required to work and specific duties they may undertake (for example, is it only childcare, or will there also be food preparation/washing for children or the whole family). You (as your nanny’s employer) are also required to pay tax and National Insurance on behalf of your nanny. This will be on top of the rate stated above. This can be done by the Revenue’s PAYE (Pay as You Earn) scheme. You can contact your local Revenue tax office (get contact details for your local office from www.hmrc.gov.uk) for information and can also call their Employer Helpline on 0845 714 3143 for more information.