✨ ACC Levy Rates Consultation
NEW ZEALAND GAZETTE, No. 108
19 JULY 2011
Consultation on Proposed ACC Levy Rates
Right now ACC is consulting on setting the 2012/13 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?
We’ve made very positive progress in the last two years towards ensuring the financial sustainability of the Scheme, and this is reflected in the levy rates that we are proposing.
For the 2012/13 levy year we are proposing the following rates (GST exclusive):
- a 22% reduction in the combined average work levy
- a 17% reduction in the combined earners’ levy
- no change in the average motor vehicle levy
| Who pays | Levy rate | Current 2011/12 | Proposed 2012/13 | 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 | $1.15 | down 32c (-22%) |
| Cover for non-work injuries paid by employees (through PAYE) and self-employed | Combined earners’ levy rate per $100 liable earnings | $1.73 | $1.44 | down 29c (-17%) |
| Cover for motor vehicle injuries paid by motorists (through licensing fees & petrol levy) | Combined average^ levy per vehicle | $334.52 | $334.52 | no change |
- 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.
Consultation discussion documents
Our levy proposals 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.
These consultation documents also provide proposals for the changes relating to:
- Levy Risk Groups, levy classification units and capping levels
- Changes to workplace incentive programmes
- Experience Rating
- Accredited Employer Programme discounts and fees
- Minimum and maximum liable earnings limits
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NZ Gazette 2011, No 108
✨ LLM interpretation of page content
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Consultations on Proposed ACC Levy Rates for 2012/13
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🏥 Health & Social WelfareACC, Levy Rates, Consultation, Accident Compensation Act 2001, Work Injuries, Non-Work Injuries, Motor Vehicle Injuries, Employers, Self-Employed, Employees, Motorists