I'm considering employing a nanny for minimum wage, 5 days a week, 7.5 hours a day. It comes in under the 352 cutoff so apart from registering with TR1, I assume I need to pay 4.25% PRSI and deduct 2% USC for employee. However, I'm seeing conflicting reports online re how much PRSI and income tax to deduct for nanny. Also I've also read that I need to pay 8.25% PRSI. Getting so confused. Would someone might pointing me in the right direction please (I've been on childminding.ie, rollercoaster.ie and revenue.ie to name but a few....)
Also, do I need to insist the nanny has insurance or do I need to do that please?
Any advice very much appreciated - thanks
Also, do I need to insist the nanny has insurance or do I need to do that please?
Any advice very much appreciated - thanks