A nanny share is when a nanny cares for the children for two or more families at the same time. Legally each family is considered a separate household employer and needs to pay taxes to the CRA.
Shared employment of a household employee occurs when all of the following conditions are met:
- Work is performed for more than 24 hours per week
- Work is performed for more than one household, and for at least part of the time
- Work is performed for more than one household at the same time.
When all of these conditions are met, each householder is considered an employer. They must register for WSIB coverage for the domestic under a single account. Please see our FAQ on WSIB here for details.
In order to ensure that your reporting is correct in Wave, you and the family you are nanny-sharing with will need to make their own separate Payroll accounts in Wave. Both families will have to register for a CRA business number and pay the nanny separately. You will be responsible for paying payroll taxes and remitting payments to the CRA on a regular basis.
We do not fully support this functionality and we recommend consulting a tax professional.