Levies are paid by businesses, motor vehicle owners and employees for injury cover that is funded by the ACC Scheme. Levies are reviewed and set each year. We also collect residual levies to pay for the ongoing costs of work injuries suffered before 1 July 1999 and non-work injuries to earners suffered before 1 July 1992.
How we’re funded
The Accident Compensation Scheme is divided into six parts called Accounts. Each Account covers specific groups of injuries. Funding comes from levies based on liable earnings, levies from motor vehicle ownership and usage, and the Government Budget.
Residual pre-1999 claim levies
In 1999 ACC moved to a system of fully funding the lifetime costs of an injury claim. Prior to this, levies covered only the current costs of a claim. Residual levies are required to pay for ongoing costs of earlier injuries, up until 2014 when the ACC Scheme will be fully funded.
What levies cover
We provide a range of injury cover for New Zealanders, and visitors to New Zealand, including motor vehicle, non-work and work-related injuries. Employers can seek discounted levies in return for taking responsibility for workplace health and safety.
Levy risk groups
We use classification units to group together business activities with a similar risk of work-related injury. These levy risk groups are then used to estimate the cost and frequency of future injury claims. You can download information about each levy risk group that was part of the 2009/2010 levy consultation process.
Levy rates for 2009/2010
The Minister for ACC has announced the levy rates for 2009/2010.
Last updated: 15 April 2009