Paying a live in Nanny properly
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Thread: Paying a live in Nanny properly

  1. #1
    Junior Member
    Join Date
    May 2017
    Location
    Toronto
    Posts
    1

    Unhappy Paying a live in Nanny properly

    Hello all.

    I searched and searched and found nothing on this.
    CRA / Ontario ministry of labour websites are criptic in their explanation.

    I can deduct $31.70/week for room for my nanny.
    (for reference, nanny works 44hrs and gets paid bi-weeky.)



    When using the CRA online calaculator, how do I use this number?
    Which check box? "Other deduction amounts approved by a tax services office" vs "Taxable benefits and allowances provided to your employee"
    If the latter, then is the benefit insurable for EI? (does insurable = deduct EI?)

    However, according to the Ontario ministry of labour website (domestic employee) (sorry, can't post links yet), I am suppose to lower her hourly rate by ($63.40/number of hours worked)?


    My questions is how do I use the $31.70 amount?

    As an exercise, I put in my nanny is paid $1000/bi-weekly.
    Chaning the location of the $63.40 deduction really changes how much my nanny nets, as well as, how much I must remit to the CRA.


  2. #2
    Junior Member
    Join Date
    Apr 2014
    Posts
    9
    Hope you've sorted this out already, but if not, that's an after-tax deduction. Run your numbers through the CRA calculator and deduct the $31.70 off the bottom line.

  3. #3
    Senior Member
    Join Date
    May 2009
    Location
    Ottawa
    Posts
    2,606
    There is at least one other hread that discussed this, and recommended using payroll services of some kind, such as http://www.smallpayroll.ca/?from=@

    See thread "Hiring a Nanny" http://canadianmoneyforum.com/showth...ighlight=nanny

    Also see CRA: http://www.cra-arc.gc.ca/tx/bsnss/tp...crgvr-eng.html

    Last edited by OhGreatGuru; 2017-06-07 at 09:51 AM.

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