• Home
  • News
  • World
  • Politics
  • Money
  • Lifestyle
  • Entertainment
  • Health
  • Sports
  • Travel
  • More
    • Tech
    • Web Stories
    • Spotlight
    • Press Release
What's On

‘We’ve saved more than £6,000 a year by partying at home instead of going out’

5 July 2025

Stupid mistake killer husband made while searching online after sleeping wife murder

5 July 2025

BRIAN READE: ‘Hypocrisy over Glastonbury IDF death chant is ludicrous’

5 July 2025

‘My GP couldn’t tell me what was wrong – so I got my diagnosis from a Facebook group’

5 July 2025

Fearne Cotton just wore the prettiest dress for £89 and it’s still in stock

5 July 2025

Diogo Jota funeral: Updates as Liverpool stars to join family at emotional service in Gondomar

5 July 2025

‘I visited Chinese city which is like sci-fi movie with robots and noiseless trains’

5 July 2025
Facebook X (Twitter) Instagram
Trending
  • ‘We’ve saved more than £6,000 a year by partying at home instead of going out’
  • Stupid mistake killer husband made while searching online after sleeping wife murder
  • BRIAN READE: ‘Hypocrisy over Glastonbury IDF death chant is ludicrous’
  • ‘My GP couldn’t tell me what was wrong – so I got my diagnosis from a Facebook group’
  • Fearne Cotton just wore the prettiest dress for £89 and it’s still in stock
  • Diogo Jota funeral: Updates as Liverpool stars to join family at emotional service in Gondomar
  • ‘I visited Chinese city which is like sci-fi movie with robots and noiseless trains’
  • EastEnders’ Kelvin Carpenter star is unrecognisable with huge career change
Facebook X (Twitter) Instagram YouTube
England TimesEngland Times
Demo
  • Home
  • News
  • World
  • Politics
  • Money
  • Lifestyle
  • Entertainment
  • Health
  • Sports
  • Travel
  • More
    • Tech
    • Web Stories
    • Spotlight
    • Press Release
England TimesEngland Times
Home » Parents can save up to £2,700 with one simple childcare change this summer
Money

Parents can save up to £2,700 with one simple childcare change this summer

By staff5 July 2025No Comments3 Mins Read

Parents can save up to £2,700 on their childcare costs this summer by making one simple arrangement with another family – and it’s all completely legal

Woman playing with children
Nanny sharing could help parents save thousands of pounds(Image: Getty Images)

Parents are being advised they could cut their childcare expenses by up to £2,700 this summer by sharing the costs with other families.

As the school holidays approach, many parents find themselves spending more for childcare, particularly if they need additional support. However, parents can ease the financial pressure with nanny sharing.

This clever arrangement involves two or more families hiring the same nanny, who can either look after all the children together or divide their time between the households. Not only does this significantly cut down on costs, but it also makes the option of having a nanny far more accessible.

Nannywage’s director Robert King explained: “Nanny rates vary widely, with averages ranging from £11 to £14 per hour across the UK. In London, where demand is higher, rates typically range from £15 to £16 per hour. Families hiring full-time nannies often face weekly costs of £400 to £750.”

How to save with nanny sharing

A small group of kindergarten students sit with their teacher
Nannies can help provide childcare(Image: Getty Images)

Robert added: “Nanny sharing is a smart and cost-effective way for families to manage childcare expenses without sacrificing quality. Across the UK, sharing a nanny who typically charges £11 to £14 per hour could reduce individual rates to £5.50 to £7 per hour per family.

“In London, where hourly rates are higher, sharing costs can lower rates to £6 to £9 per hour.”

Summer holiday savings

He continued: “Over the six-week school summer break, a private full-time nanny in the UK could cost between £2,640 and £3,360. With a nanny share, these costs drop to between £1,056 and £1,680 per family, saving parents anywhere from £1,584 to £2,160 during the holidays. For many, it’s an ideal solution that balances affordability with high-quality childcare.

“In London, where nanny rates are higher, parents can expect to pay between £3,600 and £4,500. Sharing a nanny brings this down to between £1,440 and £2,700 per family, making it a practical option for managing costs.”

Woman playing with children
Some famillies could save up to £2,700(Image: Getty Images)

Clear agreements in nanny sharing

“Nanny sharing helps families split costs fairly while benefiting from high-quality care. Each employer should have clear agreements and separate contracts outlining schedules, holidays, and expectations. With proper planning, families can make sure the arrangement is both cost-effective and compliant with employment laws.”

Split tax codes and NI contributions

“Families sharing a nanny can save money while managing tax and payroll responsibilities smoothly. By splitting tax codes and National Insurance contributions proportionally, parents only pay their share of the nanny’s costs. Professional payroll services can handle these complexities, ensuring compliance with HMRC and giving families peace of mind.”

Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

Related News

Fearne Cotton just wore the prettiest dress for £89 and it’s still in stock

5 July 2025

‘I tried Dyson’s cheapest bladeless fan and it’s been a lifeline in recent heatwave’

5 July 2025

UK weather: Your rights when working from home or in the office during heatwave

5 July 2025

Classic British holiday park nominated as one of the best in top UK travel awards

5 July 2025

Pensioners born before certain date 1959 could claim payment worth £5,740

5 July 2025

Statutory Sick Pay: When it’s due and how much you get

5 July 2025
Latest News

Stupid mistake killer husband made while searching online after sleeping wife murder

5 July 2025

BRIAN READE: ‘Hypocrisy over Glastonbury IDF death chant is ludicrous’

5 July 2025

‘My GP couldn’t tell me what was wrong – so I got my diagnosis from a Facebook group’

5 July 2025

Fearne Cotton just wore the prettiest dress for £89 and it’s still in stock

5 July 2025
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Don't Miss
Sports

Diogo Jota funeral: Updates as Liverpool stars to join family at emotional service in Gondomar

By staff5 July 20250

The family of Diogo Jota and his younger brother, Andre Silva, will be joined by…

‘I visited Chinese city which is like sci-fi movie with robots and noiseless trains’

5 July 2025

EastEnders’ Kelvin Carpenter star is unrecognisable with huge career change

5 July 2025

Cruise ship worker explains why you might be approached if you wear a black ring on board

5 July 2025
England Times
Facebook X (Twitter) Instagram Pinterest
  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact Us
© 2025 England Times. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version