[ad_1]
Are you considering hiring staff for the first time on your expanding farm business? Joe Spencer, a partner at MHA, offers advice on the administration implications of employing staff and providing on-farm accommodation.
Expanding your farm business to include holiday lets and a farm shop means more responsibilities, especially when it comes to hiring staff. Setting up a pay as you earn (PAYE) scheme with HMRC and having the relevant software for real-time information (RTI) reporting is essential. A thorough contract of employment and employee handbook outlining policies and benefits such as pension schemes are also important.
When providing on-farm accommodation for employees, it falls under benefits in kind (BIK). However, accommodation necessary for the performance of the role is treated as a tax-free benefit. Seek professional advice to ensure solid contracts and policies are in place and navigate the legal framework surrounding employment accommodation and tenancy agreements.
Have a question for our panel of experts? Email it to FW-Businessclinic@markallengroup.com with the subject line “Business Clinic” in 350 words or less.
[ad_2]
SOURCE
Maria Sanchez completed her Bachelor’s degree in Plant Sciences from the University of California, Davis, in the USA. Her studies focused on plant genetics and biotechnology, with an emphasis on developing disease-resistant crop varieties. Maria has contributed to several research projects aimed at improving crop resilience to climate change and is now pursuing her Master’s degree in Plant Breeding.
