Accident Compensation Act 2001
Before the levies are set each year, ACC gives businesses, self-employed people and individuals the opportunity to submit feedback not only on the levy proposals, but on all aspects of the Scheme.
The consultation process for the 2015/16 levy year took place from 20 May to 17 June 2014.
The ACC Board would like to thank everyone who made a submission during the 2015/16 levy consultation. All of the submissions were considered and the ACC Board have made their recommendations to the Minister for ACC, Hon Judith Collins.
What are the ACC Board's 2015/16 recommended levy rates?
Who pays and how they pay Current 2014/15 Recommended rates 2015/16 Recommended change
Cover for work injuries paid by self-employed* people and employers (invoiced directly by ACC) $0.95# $0.75# Down 20c
(-21%)
Cover for non-work injuries paid by employees (through PAYE) and by self-employed people $1.26 $1.20 Down 6c
(-5%)
Cover for motor vehicle injuries paid by motorists (through licensing fees and petrol levy) $330.68# $200.00# Down
$130.68
(-40%)
*Self-employed people 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 be higher or lower than these rates.
Recommended levy rates are GST exclusive.
The ACC Board has also recommended some other changes, including:
- reducing the petrol levy by 2 cents per litre (from 9.90 cents to 7.90 cents).
- implementing "risk rating" of light passenger vehicles (cars) based on crash data (this groups cars into different bands and applies a different licensing levy to each band).
- increasing the minimum and maximum liable earnings limits (for Work and Earners' levies).
Need more information?
You can find more information on the recommended levy rates for 2015/16 in the following ways:
- On our website: www.acc.co.nz/levyconsultation
- Send an email to: levyconsultation@acc.co.nz
- Write to: Levy Consultation, ACC, PO Box 242, Wellington 6140.
A copy of the actuarial advice upon which we've based our recommendations is also available on request.