“Parents face tax bill over nannies” (Sunday Times), “Taxman out to catch the family nanny” (Daily Telegraph), Tax crackdown on parents who pay the nanny in cash” (Financial Times) – these are the headlines that grabbed our attention recently, following a decision by the Government to provide more money for HMRC investigations targeted at households who employ a nanny as part of a crackdown on “evasion, avoidance and fraud”.
Posts Tagged ‘penalty’
Taxing Nannies – Frequently Asked Questions Part One
April 11th, 2012 
admin We often get asked general questions about nanny tax and nanny PAYE so I decided to write a couple of articles to answer some of the most frequently asked. Feel free to contact me or any member of the team if you want to know more.
Hope you find these useful.
Sara Graff
http://www.taxingnannies.co.uk
1. Can my nanny be [...]
Revenue Collection Unit to Pursue Late Payment and How Taxing Nannies Can Help You.
December 2nd, 2011 admin From 6 April 2012, HMRC have greater powers to help ensure that employers pay their PAYE tax deductions or Class 1 National Insurance contributions (NICs). The new powers will allow HMRC to obtain a security from employers where there is a serious revenue risk as a result of non-payment of employees’ income tax and NICs.
Posted in Taxing Nannies 
Tags: Au Pairs, Domestics, employing a nanny, HRMC, Nanny PAYE, Nanny payroll, Nanny Tax, Nanny Tax Legislation, National Minimum Wage, paye, penalty, Tax Office, Taxing Nannies 
Comments OffWhen Your Nanny is Redundant and What an Employer’s Responsibilities Are
November 26th, 2011 admin By their very nature, nannies will normally have a finite life with a family. Sometimes parents give up work to look after the children, the family may move to another area or children are enrolled into a nursery or start full time school. Inevitably children grow up and there will always come a time when a nanny will no longer be required.
Posted in Taxing Nannies Tags: Au Pairs, Domestics, employing a nanny, HMRC, HRMC, legal employment, Nannies, Nanny PAYE, Nanny payroll, Nanny Tax, Nanny Tax Legislation, National Minimum Wage, pay your nanny's tax, paye, penalty, Redundancy, Tax Office, Taxing Nannies Comments OffBeware Fraudulent Emails from HMRC
November 17th, 2011 admin Please be aware of fraudulent emails purporting to be from HMRC. The fraudulent emails usually inform recipients that they are due a tax rebate and provide a click-through link to a replica of the HMRC website.
Posted in Taxing Nannies Tags: Au Pairs, Domestics, employing a nanny, HMRC, Nanny PAYE, Nanny Tax, Nanny Tax Legislation, pay your nanny's tax, paye, penalty, tax, Tax Office, Tax offices, Taxing Nannies No Comments »Underpayment/Overpayment and PAYE Notices – Help From Taxing Nannies
November 13th, 2011 admin HMRC is currently sending out tax calculations to some taxpayers using the P800 form. The form shows HMRC’s tax calculations in respect of the tax year ending 5 April 2011. This form is sent to taxpayers after HMRC have received details of the salary, pension and tax paid for each individual from employers and pension providers. HMRC use this information to see if the correct amount of tax has been paid.
National Minimum Wage Updates from Taxing Nannies
October 6th, 2011 admin The national minimum wage rate increased from 1st October 2011.
Posted in Taxing Nannies Tags: Au Pairs, Domestics, HMRC, Nannies, Nanny PAYE, Nanny Tax, Nanny Tax Legislation, National Minimum Wage, paye, penalty, tax, Tax Office, Tax offices, Taxing Nannies No Comments »PENALTIES FOR LATE PAYMENT OF PAYE
November 5th, 2010 admin The new penalty regime means that you may now have to pay a late payment penalty if you do not pay the PAYE due ON TIME on time and IN FULL. Late is even one day late!
If you pay electronically your cleared payment must reach HMRC’s bank account no later than the 22nd of the [...]