The WSMP and WSD will stop from 1 April 2017.
This will have an impact on your business because you could lose a discount or it may impact your tendering. Perhaps you were planning on entering... You will benefit from knowing what it all means and how you can maximise your accreditation and discount.
ACC have announced that both the WSMP and WSD discount schemes will stop from 1 April 2017. In its place ACC will introduce new incentive schemes with a particular focus on “rewarding businesses when they reduce workplace injuries and support the rehabilitation of their injured workers”.
We don’t quite know what will directly replace the WSMP scheme. What we do know is that the new scheme will use components of the WSMP as well as focus on outcomes i.e. how well is your system working.
We also know ACC is keen on introducing the Safety Star Rating Scheme (SSRS) which is likely to be introduced later in 2017. Lastly ACC will also modify the Experience Rating scheme from 1 April 2017 to make it more relevant to businesses.
For now though we will focus on the WSMP and WSD changes and what you can do to maximise the discounts. Workplace Safety Management Practices WSMP
Yes this scheme will stop from 1 April 2017 however your discounts can / will continue until 2019.
WSMP customers that are within 1 year of their renewal date (up to 31 October 2017) are being asked to apply for their annual audit prior to 31 October this year – the actual audit can take place anytime between October 2016 and January 2017. This could mean that your audit will be a lot earlier than you had initially planned however you don't have a lot of choice unfortunately. Please note ACC is currently figuring out how to resource all the audits as there will be a few of them!
WSMP customers that have more than 1 year until their renewal date are being asked to apply for an early audit in the first week of the applicable month i.e. if your renewal date is in January 2018, you should apply for early renewal in the first week of January 2017. ACC will only hold audit spots for those that do this and your cut-off is 28 February 2017. Any renewal after 28 February 2018 will not be accepted.
Workplace Safety Discounts WSD
WSD customers with discounts expiring BEFORE 31 March 2018 can reapply and renew their discount and need to reapply by 31 October 2016.
WSD customers with discounts expiring ON 31 March 2019 will not be able to renew as you are already getting the maximum three years allowed. Please note you will still need to participate in the annual declaration process in order to continue receiving the discount for the 2018 and 2019 tax years.
I welcome you to contact me if you have any questions, need guidance, need a hand getting the applications completed, or just want to shoot the breeze. Email meor phone 021 322 286.
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