Invoice guide for shareholder-employees

This page tells you about what’s in your shareholder-employee invoice. If you’re a shareholder-employee you should receive your invoice from August, soon after you file your tax return with Inland Revenue.

Changes to invoices for shareholder-employees

As part of our recent invoice redesign, we’ve made minor changes to levy invoice content and layout, based on your feedback. These include:

  • Any outstanding balance from previous unpaid invoices will not show on the invoice. Instead you’ll receive a letter about any outstanding payments.
  • Information about the final levy and the provisional levy will be displayed on the same page.
  • Information about the liable payroll that is used to calculate the final and provisional levy will be displayed in one section on that same page.

On 1 April 2016, the residual portion was removed from the levies you pay. For more information, go to:
The residual portion of your levy will be removed (external link)

What your invoice looks like

This is a copy of an ACC WorkPlace cover shareholder invoice. It has numbered sections and text telling you what information is in these sections of the invoice. If you can't see this image or find it hard to read click on the link below to the full text description.

Text version of the WorkPlace cover invoice image

If you can’t see the invoice image or you find it hard to read, go to the:
Text description of the shareholder WorkPlace cover invoice image

Tell us what you think about your re-designed invoice

Whether you’re a new or current customer, we’re keen to know what you think about our redesigned invoices. Email what you think to:
feedback@acc.co.nz

Invoicing for PAYE shareholder-employees

All PAYE shareholder-employee earnings are combined with employee earnings for levy purposes and your company will receive invoices which cover the combined liable earnings.

Invoicing for Non-PAYE shareholder-employees

Non-PAYE shareholder-employees are covered under ACC WorkPlace Cover. Your company will receive a separate invoice for all non-PAYE shareholder employees’ liable earnings.

How we put your invoice together

Your shareholder-employee invoice is made up of two parts:

  1. The final levy
  2. The provisional levy

Final levy

The final levy is for the previous levy year and is made up of:

  • Work Account levy – this is a levy for personal injury cover. It covers your shareholder-employee should they be injured while at work. This levy may include any discounts or loadings that you get through the experience rating programme.
  • Discounts – ACC Workplace Safety Discount or ACC Workplace Safety Management Practices discount (if applicable)
  • Working Safer levy – (previously Health and Safety in Employment levy) this levy is collected on behalf of WorkSafe New Zealand, to cover their costs of administering health and safety at work in New Zealand
  • Earners’ Levy – this covers your non-PAYE shareholder-employees for injuries outside of work (except motor vehicle injuries)
  • Less the value of the provisional levy that you were invoiced for in the previous year.

The final levy uses the actual shareholder remuneration information that was supplied to Inland Revenue for that financial year.

Provisional levy

The provisional levy is for the current levy year and is made up of:

  • Work Account levy
  • Discount (if applicable).

The provisional levy uses the shareholder remuneration information you supplied to Inland Revenue for the previous financial year, and adds a small inflation factor. Any adjustment to this provisional invoice will be made next year.

You won’t receive a provisional levy if you:

  • are a new shareholder and have not provided ACC with an estimate of your liable remuneration
  • received no shareholder remuneration in the previous year.

How to get help with your invoice

If you have any other questions about your invoice, phone the ACC Business Service Centre.
Contact us by phone

Reviewed: 12 June 2016
Updated: 1 July 2016