Beat the recession by doing a nanny share

Nanny shares

In the current economic climate more families have to cut costs, and many mothers find themselves returning to work earlier than planned after having a baby. This coupled with an overall increase in part-time employment means that nanny shares are becoming a popular childcare choice.

Nanny shares are cost-effective, and so you get the flexibility and professionalism without the high costs normally associated with employing a nanny. But nanny shares are particularly complex from a tax and NI perspective and with net-wage agreements still the norm, it is easy to make mistakes.