✨ ACC Levy Rates Consultation
3426 NEW ZEALAND GAZETTE, No. 135 1 OCTOBER 2010
Consultation on Proposed ACC Levy Rates
Right now ACC is consulting on setting the 2011/12 levy rates. Legislation requires us to consult levy payers about any changes we want to make to rates and regulations before we take our recommendations to the Minister for ACC. You have the opportunity to have a say on our proposed rates for the coming year by making a submission during our consultation process.
We set separate levies to cover the costs of work-related personal injuries, non-work related personal injuries, and personal injuries involving moving motor vehicles on public roads. These levies are paid by employers, self-employed people, employees and motor vehicle users.
What are the proposed levies?
The levy increases we’re proposing this year are far less significant than those we proposed in 2009. For the 2011/12 year we are proposing the following rates (GST exclusive):
- no increase at all in the average work levy
- a 2.5% increase in the average motor vehicle levy
- a 6.7% increase in the earners’ levy.
| Who pays | Levy rate | Current 2010/11 | Proposed 2011/12 | Proposed change |
|---|---|---|---|---|
| Cover for work injuries paid by self-employed* and employers (invoiced directly by ACC) | Combined average^ levy rate per $100 liable earnings | $1.47 | $1.47 | no change |
| Cover for motor vehicle injuries paid by motorists (through licensing fees & petrol levy) | Combined average^ levy per vehicle | $334.52 | $342.96 | up $8.44 (+2.5%) |
| Cover for non-work injuries paid by employees and self-employed (through PAYE) | Combined earners’ levy rate per $100 liable earnings | $1.78 | $1.90 | up 12c (+6.7%) |
- Self-employed and non-PAYE shareholders also pay the non-work claims levy
^ These are average rates. Individual rates for industry groups and motor vehicle classes may increase or decrease
Feedback on future plans
We’ve also developed some levy-setting goals and ideas for a work programme over the next two to three years. Most of these initiatives mean that the levies in future will be more tailored to individuals and businesses. These are just exploratory ideas but we would like your feedback.
Consultation discussion documents
Our levy proposals and future plans are detailed in three documents, one each for:
- Work levies, which are paid by employers, self-employed people and private domestic workers and fund cover for work-related injuries
- Earners’ levies, which are paid by everyone in the paid workforce and fund cover for non-work-related injuries
- Motor vehicle levies, which are paid by all motorists and fund cover for injuries involving moving motor vehicles on public roads.
There is also an "Introduction" document which provides information about ACC, how the consultation process works and includes a copy of ACC’s Funding Policy.
To get a copy of any of these documents, visit www.acc.co.nz/levyconsultation, call 0800 222 728, or send an email with your request to levyconsultation@acc.co.nz
A copy of the actuarial advice upon which we have based our proposals is available on request.
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NZ Gazette 2010, No 135
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Consultation on Proposed ACC Levy Rates for 2011/12
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🏥 Health & Social WelfareACC, Levy Rates, Consultation, Work Injuries, Motor Vehicle Injuries, Non-Work Injuries