Notice Title

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
Who pays Levy rateo Current 2010/11 Proposed and recommended 2011/12 Proposed change
Work Account: cover for injuries that occur in the workplace
Paid by self-employed* and employers (invoiced directly by ACC) Combined average^ levy rate per $100 liable earnings $1.47 $1.47 no change
Motor Vehicle Account: cover for motor vehicle injuries occurring on public roads
Paid by motorists (through licensing fees & petrol levy) Combined average^ levy per vehicle $334.52 $342.96 up $8.44
(+2.5%)
Earners’ Account: 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%)
O 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 to 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.
NEED MORE INFORMATION?
For information that accompanied the recommendations made to the Minister, you can:
- email: levyconsultation@acc.co.nz
- write to Levy Consultation, ACC, PO Box 242, Wellington for a printed document
- visit us on our website: http://www.acc.co.nz/about-acc/consultation-have-your-say
For information of the Government’s decisions on levy rates you can visit www.beehive.govt.nz