Levy rates are reviewed and set every year. The Minister for ACC has announced the following levy rates for 2010/2011* (GST exclusive):
Who pays |
Levy component |
Current 2009/10 |
New 2010/11 |
Change |
|---|---|---|---|---|
Self-employed people** and employers (invoiced directly by ACC) |
Levy rate for work claims in 2010/2011 |
$0.75 |
$1.06 |
+$0.31 |
Levy rate for claims prior to 1999 |
$0.56 |
$0.41 |
-$0.15 | |
Combined average levy rate per $100 liable earnings |
$1.31 |
$1.47 |
+$0.16 | |
Note: | ||||
Employees (through PAYE) |
Levy rate for non-work claims in 2010/2011 per $100 liable earnings |
$1.511 |
$1.7778^ |
+$0.27 |
Motorists (through licensing fees and petrol levy) |
Average levy per vehicle |
$287.00 |
$334.52 |
+$47.52* |
Notes:
* Regulations concerning the 2010/2011 levy rates came into force 1April2010 with the exception of motor vehicle rates, which come into force 1July2010.
** Self-employed people and non-PAYE shareholder-employees also pay the non-work claims levy.
^ Non-work claims levy excluding GST is $1.77. To calculate the GST inclusive amount, please use the GST calculator (ACC’s external website).