5 Ways a Nanny Payroll Service Can Save You Money | Pay The Nanny [ ![Pay the nanny logo](https://assets.paythenanny.nz/images/logo-white.png) ](/) [Parents](https://younannysandbox.com/For-Families) [Nannies](https://younannysandbox.com/For-Nannies) [Agencies](https://younannysandbox.com/for-agencies) [Pricing](https://younannysandbox.com/pricing) [Contact](https://younannysandbox.com/contact) [Sign Up](https://younannysandbox.com/signup) [Log In](https://younannysandbox.com/app/login) Article ------- 5 Ways a Nanny Payroll Service Can Save You Money ================================================= By Mark Hudson · 20 August, 2021 Save Money By Engaging a Specialist Any working parent knows that juggling a career and a family can be something of an art form. That’s before you’ve even tried to make a bit of ‘me’ time to relax and recharge. Employing a nanny will lighten the load but it comes with legal commitments related to payroll, taxes and employee benefits. T ![5 Ways a Nanny Payroll Service Can Save You Money](https://assets.caresies.io/staging-au-articles/68/8eB6SU7yPpjoYfhguEFY.jpg) ### Save Money By Engaging a Specialist Any working parent knows that juggling a career and a family can be something of an art form. That’s before you’ve even tried to make a bit of ‘me’ time to relax and recharge. Employing a nanny will lighten the load but it comes with legal commitments related to payroll, taxes and employee benefits. Take on these responsibilities yourself and you’ll soon find that it's likely to be a false economy. Read on to find out 5 ways a nanny payroll service will help keep your life on a more even keel. **1. A Nanny Payroll Service Will Save You Time** What’s your hourly rate? It’s not such a silly question. Time is money and, if you spend it figuring out how to generate your nanny’s payslip and pay their taxes, your hours will soon mount up. Think about it like this. Like many other parents, you’re employing one single person. A company that sorts out nanny payroll issues acts on behalf of all of you. You’re effectively sharing the cost of a nanny payroll service with other like-minded families. **2. Avoid Overpaying Your Nanny** When you’re busy and tired, the last thing you need at the end of the day is to think about paying the nanny. It’s at times like these that it’s natural to press whichever button on your laptop it takes to get the job done. This is when overpayments can happen. Using a nanny payroll service will reduce the risk so that paying the nanny is a process that’s accurate and on time. Use the hours you’ll save to spoil yourself a little instead. **3. Wave Goodbye to the Risk of Penalties** Handling nanny payroll services yourself means you’ll need to be across specific dates. Take your eye off the ball and you could land yourself with a hefty $250 late filing penalty from the Inland Revenue Department (IRD). That figure could pay for almost [six months of nanny payroll services](/pricing). The cost of a nanny payroll service offsets the risk entirely. That means you can relax and get on with what you do best: looking after the kids. **4. Keep Your Nanny Happy** Yours may feel like part of the family but all nannies should have formal employment arrangements. Accurate and professional-looking payslips are a reminder of that. They act as proof that you want things like paying the nanny done properly. Problems about pay can be a key driver for a nanny to move on. Using a nanny payroll service will mitigate the risk of payment issues and improve the prospect of staff retention. That makes it less likely that you’ll have to start looking for someone new. **5. No Payroll Software Expenditure** A quick online search will pull up a string of software companies that provide an interface for taxes paid to the IRD. The price they charge could equal the cost of a nanny payroll service for several months. Buying software to process one employee is a little like taking a giant hammer to crack a single nut. [Pay the Nanny](/For-Families) includes all necessary payroll software in each of the nanny payroll packages we offer. Check Out the Cost of Our Nanny Payroll Service The cost of a nanny payroll service like [Pay the Nanny](/contact) provides these key benefits: - Less stress and more time to spend with the kids - Freedom from time-consuming paperwork - Lower risk of payment errors and a better chance of staff retention - A guarantee that you’ll be following all IRD rules and regulations Check out all the [Pay the Nanny pricing options](/pricing) here and save yourself a whole lot of hassle and a great deal of precious time. [ ![](https://assets.caresies.io/staging-au-articles/57/yUv5EEfJnmw1oZwzLNga.jpg) ](https://younannysandbox.com/articles/your-complete-guide-to-using-a-nanny-payroll-supplier)By Mark Hudson · 27 January, 2022 ### [Your Complete Guide to Using a Nanny Payroll Supplier](https://younannysandbox.com/articles/your-complete-guide-to-using-a-nanny-payroll-supplier) How to Use a Nanny Payroll Supplier A key driver behind your decision to use a nanny payroll service is likely to be the time you’ll save. If so, you’re not alone because, along with an assurance of tax compliance, it’s why so many customers say they want to team up with us.Using a nanny payroll service from the outset is advisable. That’s becau [Read more...](https://younannysandbox.com/articles/your-complete-guide-to-using-a-nanny-payroll-supplier) [ ![](https://assets.caresies.io/staging-au-articles/111/zlHfSBhTjGKxIjPszsZU.jpg) ](https://younannysandbox.com/articles/who-is-pay-the-nanny)By Mark Hudson · 13 January, 2022 ### [Who is Pay The Nanny?](https://younannysandbox.com/articles/who-is-pay-the-nanny) Save Yourself Time, Money and Hassle Nanny Admin Sorted for Less than Your Weekly Coffee Spend Countless to-do lists? Not enough hours in the day? Pulled in a thousand different directions? Does all this sound familiar? Do away with the worry and hassle of paying your nanny in one click by delegating the job to us. We are the nanny payroll exp [Read more...](https://younannysandbox.com/articles/who-is-pay-the-nanny) [ ![](https://assets.caresies.io/staging-au-articles/47/oSfWlgX73oOzV5J8A33D.jpg) ](https://younannysandbox.com/articles/10-ways-to-beat-the-winter-blues)By Mark Hudson · 16 June, 2022 ### [10 Ways to Beat the Winter Blues](https://younannysandbox.com/articles/10-ways-to-beat-the-winter-blues) Great ideas for kids and caregivers Everyone gets excited when the first snow falls. Not too soon after, though, the winter blues tend to set in and you find yourself longing for sunshine.Has your family started to go a little stir-crazy? Do you need help combating the winter blues and finding new ways to enjoy the chilly weather?It doesn’t mat [Read more...](https://younannysandbox.com/articles/10-ways-to-beat-the-winter-blues) [ ![](https://assets.caresies.io/staging-au-articles/79/Z2MCE1jjtRgQchFJuJPU.jpg) ](https://younannysandbox.com/articles/increase-sick-leave-for-nannies)By Mark Hudson · 10 June, 2021 ### [Increased Sick Leave for Nannies](https://younannysandbox.com/articles/increase-sick-leave-for-nannies) INCREASED SICK LEAVE FOR NANNIES As nannies have increased in popularity, you may be considering hiring a nanny for your home. They can be a great alternative to child care and may even save you money if you have more than one child.  If you already have a nanny, you may not have heard about the recent legislation passed around required sic [Read more...](https://younannysandbox.com/articles/increase-sick-leave-for-nannies) [ ![](https://assets.caresies.io/staging-au-articles/13/XRXYhSn61c9ik0xpItoO.jpg) ](https://younannysandbox.com/articles/top-10-payroll-tips-for-busy-new-zealand-parents)By Mark Hudson · 07 May, 2024 ### [Top 10 Payroll Tips for Busy New Zealand Parents](https://younannysandbox.com/articles/top-10-payroll-tips-for-busy-new-zealand-parents) Making Payroll Simple for Nannies since 2019! Navigating the complexities of payroll can feel like a daunting task for busy parents. However, when it comes to paying your nanny, ensuring everything is above board not only keeps you legally compliant but also fosters a positive working relationship. Here are the top 10 payroll tips from Pay The N [Read more...](https://younannysandbox.com/articles/top-10-payroll-tips-for-busy-new-zealand-parents) ![Pay the nanny](https://younannysandbox.com/images/logo-white.png)Join Our Community Stay in the loop! Subscribe to receive the latest updates, exclusive content, and special offers straight to your inbox. 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