✨ ACC Levy Consultation




Departmental Notices

Accident Compensation Corporation

Injury Prevention, Rehabilitation and Compensation Act 2001

Consultation on Proposed ACC Levy Rates

Accident Compensation Corporation (ACC) is consulting on the following 2005/2006 levies:

  • Employers work levy.
  • Self-employed work levy.
  • Pre-1999 claims levy (residual claims levy).
  • Non-work levy.
  • Motor vehicle levy.

As required under section 331 of the Injury Prevention, Rehabilitation and Compensation Act 2001, the ACC Board requests your input on its levy proposals before making recommendations to the Minister for ACC in October 2004. All interested parties are invited to make submissions on the proposed levies and regulations.

Summary of proposed levy rates for 2005/2006 (G.S.T. exclusive)

Who pays Levy component Current 2004/2005 average Proposed 2005/2006 average Proposed change
Employers Composite Levy (for every $100.00 of payroll)* $1.21 $1.21 No change
Which consists of a:
Work levy $0.91 $0.88
Pre-1999 claims levy $0.30 $0.33
Self-employed people Composite Levy (for every $100.00 of earnings)* $3.10 $3.19 + 2.9 %
Which consists of a:
Work levy $1.73 $1.79
Pre-1999 claims levy $0.30 $0.33
Non-work levy $1.07 $1.07
All earners – through Inland Revenue Non-work levy (for every $100.00 of earnings) $1.07 $1.07 No change
Motorists – through annual vehicle licensing fee and levy on petrol Motor vehicle levy (per motor vehicle) $197.50 $197.50 No change

*These are average rates. Individual rates for industry groups may increase or decrease based on recent experience.

Discussion papers

The details of the proposed levy rates and regulations are set out in consultation documents. For copies of these documents and the actuarial assessments, you can:

Submissions

Submissions must be in writing and received by ACC no later than 16 September 2004 by 5.00 p.m. They should be sent to Levy Consultation, ACC, P.O. Box 242, Wellington, or emailed to consultation@acc.co.nz

πŸ”΄ An overview of reviewing the levies

Each year, ACC reviews the levies it charges.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 95


Gazette.govt.nz PDF NZ Gazette 2004, No 95





✨ LLM interpretation of page content

πŸ₯ Consultation on Proposed ACC Levy Rates

πŸ₯ Health & Social Welfare
ACC, Levy Rates, Consultation, Injury Prevention, Rehabilitation, Employers, Self-employed, Motor Vehicle