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Salaries are an extremely important part of the employment process, so please use our calculator to work out your gross, net, total cost, and pension contribution.

 

Salary & Workplace Pension Calculator


The salary entered will round to the nearest £10. These calculations assume sole employment and that a standard tax code is being used, for the tax year 2017-18. If the nanny has other employment the results shown will not apply. Calculations are approximate and intended for guideline purposes only — Nannytax assumes no responsibility for how these calculations are used thereafter.


Please note: These calculations are valid until the end of the current tax year (6 April 2018)

If you want to double check your calculation you can always contact us, we're more than happy to help.

 

The Calculations explained

  • Net pay is the nanny's take home pay.
  • Gross pay, which includes the Employee's National Insurance and Tax contribution. The figure can be used for employment contract purposes.
  • Total Cost, which includes Employers National Insurance and the nanny's gross Pay. This figure allows families to budget correctly for their nanny.
  • Pension Contributions should your employee be eligible for a workplace pension (Automatic Enrolment). The calculator is set at the current statutory minimum.

 

The Nannytax Payroll Service

Have a look at our all-inclusive Payroll Service to see how we can help you with hiring a nanny.

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Gross Vs Net

Find out more here about the advantages of agreeing a gross salary rather than a net salary.

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About Workplace Pensions

Workplace pensions can be confusing, so we've broken it down for you. Have a look to see what the new legislation states.

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