ACC Levy Recommendations




NEW ZEALAND GAZETTE, No. 201

30 NOVEMBER 2005

ACC Board levy recommendations for 2006/07 following consultation.

Under the Injury Prevention, Rehabilitation, and Compensation Act 2001, the ACC Board has recommended to the Minister for ACC a number of changes to the levy rates for the 2006/07 levy year. The recommended rates reflect:

  • submissions received as part of the public consultation process;
  • the latest claims experience; and
  • recent cost trends for each group of levy payers.

The ACC Board’s recommendations are not binding on the Minister, who will obtain further advice from officials and actuaries before making recommendations to Cabinet. Cabinet are expected to decide on the 2006/07 levy rates by December 2006.

The ACC Board levy recommendations are summarised as follows:

Who pays Levy component Current 2005/06 average Recommended 2006/07 average Proposed change
Employers* Combined Levy (for every $100 of payroll) $1.21 $1.21 No change
Which consists of a:
Work levy $0.88 $0.86
Pre-1999 claims levy $0.33 $0.35
Self-employed people* Combined Levy (for every $100 of earnings) $3.22 $3.54 +32c
Which consists of a:
Work levy $1.82 $2.03
Pre-1999 claims levy $0.33 $0.35
Non-work levy $1.07 $1.16
All earners – through Inland Non-work levy (for every $100 of earnings) $1.07 $1.16 +9c
Revenue
Motorists – through annual Motor vehicle levy (per motor vehicle) $206.93 $190.00 -$16.93
vehicle licensing fee & levy
on petrol
  • Note: These are average rates. Individual rates for industry groups may increase or decrease relative to the average rate movements based on recent experience.

All rates are G.S.T. exclusive



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 201


Gazette.govt.nz PDF NZ Gazette 2005, No 201





✨ LLM interpretation of page content

🏥 ACC Board Levy Recommendations for 2006/07 (continued from previous page)

🏥 Health & Social Welfare
ACC, levy rates, recommendations, 2006/07, Injury Prevention, Rehabilitation, Compensation Act 2001