Notice Type
Authorities/Other Agencies of State
Notice Title

ACC Board’s 2017–19 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.

What are the proposed 2017–19 levies?

Who pays and how they pay

Current 2016/17

Proposed 2017–19

Proposed change

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

$0.80#

$0.72#

Down 8c
(-10%)

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

$1.21

$1.25

Up 4c
(+3%)

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

$130.26#

$113.94#

Down
$16.32
(-13%)

* 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 from 6.9 cents to 6.0 cents per litre;
  • increasing the minimum and maximum liable earnings limits (for Work and Earners’ levies); and
  • maintaining the motorcycle levies (petrol-powered).

You can read more of our proposals on our levy consultation website

www.shapeyouracc.co.nz/documents

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:

The deadline for submissions is 5.00pm on 19 October 2016.

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

www.shapeyouracc.co.nz/documents

or by sending an email with your request to

business@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.