✨ ACC Levy Recommendations
NEW ZEALAND GAZETTE, No. 178 22 DECEMBER 2010
ACC Board’s Levy Recommendations for 2011/12 to the Minister for ACC
Under the Accident Compensation Act 2001, the ACC Board has now recommended levy rates for the 2011/12 year to the Minister for ACC. In recommending these levy rates, the Board has considered submissions received as part of the public consultation process, which took place between 1 October and 29 October 2010. The Board’s recommended levy rates for 2011/12 are the same as those consulted on, and are summarised in the following table:
| ACC Account & purpose | Levy rate^ | Current 2010/11 | Proposed and recommended 2011/12 | Proposed change |
|---|---|---|---|---|
| Work Account: cover for injuries that occur in the workplace | Combined average^ levy rate per $100 liable earnings | $1.47 | $1.47 | no change |
| Paid by self-employed* and employers (invoiced directly by ACC) | ||||
| Motor Vehicle Account: cover for motor vehicle injuries occurring on public roads | Combined average^ levy per vehicle | $334.52 | $342.96 | up $8.44 |
| Paid by motorists (through licensing fees & petrol levy) | (+2.5%) | |||
| Earners’ Account: cover for non-work injuries | Combined earners’ levy rate per $100 liable earnings | $1.78 | $1.90 | up 12c |
| Paid by employees and self-employed (through PAYE) | (+6.7%) |
^ Note that these rates exclude GST
- Self-employed and non-PAYE shareholders also pay the Earners’ Account non-work claims levy
^ These are average rates. Individual rates for industry groups and motor vehicle classes may increase or decrease.
Recommendations for each group of levy payers
Employers and self-employed people
- increase the number of industry-based levy risk groups to cover 2011/12 work injuries from 117 to 143, mainly to support the introduction of experience rating
- maintain the existing 41 risk groups for injury claims prior to 1999
- maintain the current discount levels for the Workplace Safety Management Practices programme.
Motorists
- increase the petrol levy rate by 3 cents from 9.90 cents per litre to 12.90 cents per litre
- maintain the Motorcycle Safety Levy at $30 per motorcycle
- split the classification for goods service vehicles (GSV) into 2 subclasses based on weight, to address the high levy costs for those light-weight vehicles that are used for private use, when compared to those used for commercial purposes, such as trucks.
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✨ LLM interpretation of page content
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ACC Board’s Levy Recommendations for 2011/12
(continued from previous page)
🏥 Health & Social WelfareACC, Levy Rates, Recommendations, Accident Compensation Act 2001, Work Account, Motor Vehicle Account, Earners’ Account
NZ Gazette 2010, No 178