COSTS TO COMPLY
Second on the list are the effects of the Employment Compliance Bill when it comes into play.
It is crucial that you have in place the right employment agreements with your staff and you maintain your records accurately. This includes the necessity of staff to complete their timesheets, if this is not in place, then you’ll need to ensure that it is. Again I can hear the disgruntled sounds from those who ‘‘have never done this’’ but this won’t be seen as a means of defence, should an issue be raised and you are investigated. So the best choice is to ensure you are compliant.
With the changes in legislation fast approaching, now is a good time to have these two important aspects sorted on farm.
John Brosnan is the human adviser at CooperAitken Accountants, Morrinsville, Matamata and Thames