Notice Type
Departmental
Notice Title

ACC Board’s 2016/17 Levy Consultation

Pursuant to the Accident Compensation Act 2001

This is your Scheme – have a hand in shaping it

ACC provides no-fault personal injury cover for all New Zealand residents and visitors to New Zealand.

The money to fund these services comes from levies on peoples’ earnings, employers, petrol and vehicle registrations, as well as from the government.

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.

We rely on your submissions to tell us about the changing nature of your business, if your activities are different, or how the proposals may impact you.

If you choose to make a submission, your feedback will be incorporated when we prepare our final recommendations to the Minister for ACC, The Right Honourable Nikki Kaye.

What are the proposed 2016/17 levies?

Who pays and how they pay

Current 2015/16

Proposed 2016/17

Proposed change

Cover for work injuries paid by self-employed* people and employers (invoiced directly by ACC)

$0.90#

$0.80#

Down 10c
(-11%)

Cover for non-work injuries paid by employees (through PAYE) and by self-employed people

$1.26

$1.21

Down 5c
(-4%)

Cover for motor vehicle injuries paid by motorists (through licensing fees and petrol levy)

$194.25#

$130.26#

Down
$63.99
(-33%)

*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.

Proposed levy rates are GST exclusive.

The ACC Board is also proposing some other changes, including:

  • reducing the petrol levy by 1.2 cents per litre (from 6.9 cents to 5.7 cents)
  • increasing the minimum and maximum liable earnings limits (for Work and Earners’ levies).

Making a submission is easy. You can provide your feedback with your contact details (including name and address) on our proposals, or any other aspects of the Scheme, in the following ways:

  • through our website www.shapeyouracc.co.nz
  • by email to: levyconsultation@acc.co.nz
  • by post to Levy Consultation, ACC, PO Box 242, Wellington 6140

The deadline for submissions is 5.00pm on 30 October 2015.

You can get a full copy of the consultation information by visiting

www.shapeyouracc.co.nz

or by sending an email with your request to

levyconsultation@acc.co.nz

A copy of the actuarial advice which we’ve based our proposals on is also available on request.

Keep in mind that the Official Information Act 1982 applies to ACC, so your submissions may be available to people seeking information under this Act.