Tax Return for Nanny

Nannies can play a very important role in the lives of children, caring for them, feeding them, and teaching them.
Parents usually hire nannies because they spend long hours at work away from children, or just because they’d like an extra hand around the home. As well as looking after children, you’ll often be required to do some of the cleaning and cooking too.

What skills do you need to be a nanny?

Since being a nanny requires you to care for children, it brings with it great responsibilities.
The sort of people who make good nannies are:

Dedicated
Knowledgeable on all aspects of raising and caring for children
Reliable
Responsible
Decent cooks
Trustworthy
Patient

Learning to be a nanny – training and qualifications

Though having qualifications isn’t strictly necessary to becoming a self employed nanny, parents are understandably very fussy when it comes to who they’ll trust with their children.
The first step to making parents more likely to trust you is to study in childcare-based qualifications.
Some of the most recognised childcare qualifications are provided by CACHE, or
the Council for Awards in Care, Health and Education. They provide various courses teaching skills relevant to being a nanny.
By studying and gaining a qualification, not only will you learn to become a better carer of children, parents will be more likely to hire you, and agencies will be more likely to take you on to help you find work.

Getting experience as a self-employed nanny

At the beginning of your career as a self-employed nanny, you should try to gain as much experience as possible.
Also, the experience should come from a wide range of areas, from working with large groups of children in nurseries to working with families in their homes. This will give you the opportunity to see what you’re best at, and let you decide if you’d like to specialise in a particular area of childcare.

How to find work as a freelance nanny

Becoming a successful nanny depends a lot on trust and on your track record, so finding work at the beginning will take time, but there are things you can do to improve your chances:

Join a nanny agency: a nanny agency will notify you of any job opportunities. Most of them will only let you join if you’re qualified. Only join an agency after

you’ve checked that they are legitimate.

Ask friends and family: Finding work as a nanny is about trust. People will only let you care for their children if they trust you. Ask family and friends if they know of anybody looking for a nanny, since potential clients will be quicker to trust you if you have somebody to vouch for you.
Word of mouth: The level of trust required also means that if you do a good job for a client, they’ll likely refer their friends to your nanny service.
Place adverts in local shops and newspapers: Many of your potential clients will be in your local area, so this option will target them, and is also relatively inexpensive.
Make a website: A professional website will make you look more credible, and is a great place to display contact details and write about previous work you’ve done.

Accounting for self-employed nannies

There are various benefits to freelancing as a nanny, from the freedom and flexibility to work with a variety of businesses and individuals to more take-home pay. But there is one downside – accounting.
As a full-time employee, your tax is usually taken care of on your behalf in the form of PAYE.
As a freelancer you’ll have to keep a range of financial records and then prepare and pay a Self-Assessment tax return at the end of each business year.
Accountancy can be very confusing and can distract you from caring for your clients’ children.

Getting tax and accountancy advice

With most accountants, you’ll pay them to do your year-end accounts, and then they’ll forget about you until the next year.
But for your business to be run smoothly and successfully, you’ll need advice on tax and accountancy throughout the year, especially in the early days.

Citi Accounts is different

Citi Accounts provides an affordable and specialist accountancy service designed just for freelancers. Throughout the year we’ll be on hand to give you any tax and accountancy advice you might need, including things like:

Take-home pay
Which VAT scheme to register for
Expenses
Tax allowances
Choosing between sole trader and limited company
Running your business in a tax-efficient way

What does an exam marker actually do?

Mark exams, either online or on paper.
Attend a one-day training course to learn about the particular exam you are marking, and to which criteria, to ensure they are being marked consistently by different examiners.
Discuss any problem exam papers with your colleagues.

There is also the role of Senior Examiner, which requires a few extra tasks to be performed:

Support other members of the team of examiners.
Training other examiners
Attending meetings.
Ensuring the other examiners are meeting deadlines.

What sort of person makes for a good exam marker?

Even with teaching experience and specialist knowledge, there are still some extra skills you need to possess to be a good exam marker:

Good under pressure: You’ll have to mark a lot of exams in a short period of time.
Good at meeting deadlines: You’ll need to ensure you can mark all of the exams by the deadline.

How do you qualify to be an exam marker/examiner?

To be allowed to mark exams, you’ll need to be able to understand them, so that means you need at least one year of teaching experience, with a degree. Also, you can only mark exams of subjects you have direct teaching experience in.
How much can you expect to earn as an examiner?
The money you’ll make from marking exams depends on the length of the exam paper. You’ll be paid per exam paper, and can expect to earn £700-£1000 per exam series.
Advantages of being an examiner
Your work as an exam marker will look good on your CV when trying to progress your teaching career, since it shows how dedicated you are, especially to your particular area of expertise. It’s also a great way to supplement your teaching salary (or pension if you’re recently retired).
Disadvantages of being an examiner
Though work as an exam marker/examiner is only available at certain periods of the year, it is also incredibly intensive. You’ll have a huge number of exams to mark for how little time you have to mark them.
It can be both incredibly stressful, and boring.
Accounting as a self-employed examiner
There are various benefits to working as an examiner, from the freedom and flexibility to work with a variety of businesses and individuals to more take-home pay.
But there is one downside – accounting.
As a full-time employee, your tax is usually taken care of on your behalf in the form of PAYE.
As a freelancer you’ll have to keep a range of financial records and then prepare and pay a Self-Assessment tax return at the end of each business year. Accountancy can be very confusing and can distract you from what you love doing.
Getting tax and accountancy advice
With most accountants, you’ll pay them to do your year-end accounts, and then they’ll forget about you until the next year. But for your business to be run smoothly and successfully, you’ll need advice on tax and accountancy throughout the year, especially in the early days.
Citi Accounts is different
Citi Accounts provides an affordable and specialist accountancy service designed just for freelancers.
Throughout the year we’ll be on hand to give you any tax and accountancy advice you might need, including things like:

Take-home pay
Which VAT scheme to register for
Expenses
Tax allowances
Choosing between sole trader and limited company
Running your business in a tax-efficient way

We charge for our accountancy services in a clear and simple way, which means
you’ll never receive an unexpected bill, and you can get in touch for advice whenever you want without the worry of being charged a fortune like you would with many other accountants.
Get in touch for more information and advice
For more information and a free consultation call us now on 020 8582 0076As a florist, you’ll select, design, and arrange flowers, presenting and selling them in a variety of forms, including bouquets, baskets, and in vases.
Business will come in the form of making flower arrangements ready to sell, and making arrangements customised to specific customer orders.
The right flower arrangement for the right occasion
As a freelance florist, you’ll need the creativity to tailor your flower arrangements to different occasions.
For example, you might make flower arrangements for weddings and birthdays visually striking, while flowers for a funeral might need to be arranged in a more some arrangement.
What skills does a freelance florist need to care for flowers?
As a florist, your main job will be caring for the flowers, making sure they are watered and kept in the best condition possible.
You’ll also need to use your creativity to arrange your shop in a stylish, visuallypleasing way.
The main skills you’ll need are:

Passion: as with all creative jobs, you’ll need plenty of passion and a drive to constantly improve your craft.
Communication: to make your clients happy, you’ll need to find out exactly what hey want while expressing your own ideas.
Sensitivity: this is especially important when arranging flowers for a funeral, as you’ll need to take the feelings of grieving clients into consideration.
Creativity: this is the most important attribute needed to make a great florist.

You’ll need a good eye for detail as you choose the right flowers and colours.
Becoming a great florist – training and qualifications A big part of being a great florist comes down to natural talent, but there are still ways to improve. ou can attend full-time or part-time college courses, and even university degrees, designed to teach you everything about how to take care of plants, and what different flowers signify.
For more advice on the different courses and qualifications available, check out the links below:

Flowers and Plants Association
National Association of Flower Arrangement Societies
British Florist Association

How does a freelance florist find work?
Eventually, word of mouth will be a big source of new clients, but to begin with, a freelance florist needs to work on marketing.
Here are some easy ways to go about it:

Set up a website: this will make you look more credible, and is a good place to show your work, contact details, and prices.
Use social networking websites such as Facebook and Twitter to generate interest in your services. You could post photos of your flower arrangements.
Hand out business cards.
Talk to the people you buy flowers from, as they might need your services, or refer others to you.

Accounting as a freelance florist
There are various benefits to freelancing as a florist, from the freedom and flexibility to work with a variety of businesses and individuals to more take home pay.
But there is one downside – accounting.
As a full-time employee, your tax is usually taken care of on your behalf in the form of PAYE.
As a freelancer you’ll have to keep a range of financial records and then prepare and pay a Self-Assessment tax return at the end of each business year. Accountancy can be very confusing and can distract you from your floristry work.
Getting tax and accountancy advice
With most accountants, you’ll pay them to do your year-end accounts, and then they’ll forget about you until the next year. But for your business to be run smoothly and successfully, you’ll need advice on tax and accountancy throughout the year, especially in the early days.
Citi Accounts is different
Citi Accounts provides an affordable and specialist accountancy service designed just for freelancers.
Throughout the year we’ll be on hand to give you any tax and accountancy advice you might need, including things like:

Take-home pay
Which VAT scheme to register for
Expenses
Tax allowances
Choosing between sole trader and limited company
Running your business in a tax-efficient way