What if my circumstances change?

Changes to your business, such as changes to your business activity, or payments made to an injured employee, may affect the levies you pay.

On this page

  1. What to do
  2. What kind of changes will affect my levies?
  3. How will these changes affect my levies?
  4. What if I want to take a break?

What to do

If your circumstances change, you need to let us know as soon as possible. To do this you can:

If you are a non-PAYE shareholder-employee you can:

 

What kind of changes will affect my levies?

We need to know if you:

  • stop running a business
  • no longer employ any staff, or are planning to no longer employ any staff
  • change your business activity
  • predict your payroll will be significantly different in the coming year
  • made payments to an injured employee
  • move premises.

 

How will these changes affect my levies?

Ceasing running a business or employing staff

If you are planning to cease, or have ceased being in business or employing staff then we need to know so that we can adjust your ACC invoice (if necessary) or stop charging you ACC levies.

Changing business activity

Changes to your business activity can affect the amount of levies you have to pay or the ACC cover product that applies. By keeping us informed you will ensure that you only pay what is relevant to your circumstances.

Changing payroll

If you predict your estimated payroll will increase or decrease significantly from what is shown on your provisional invoice then we will need to recalculate your levies and adjust the provisional invoice.

Moving premises

If you move business premises and don’t tell us, then chances are you won’t receive your invoice. This may mean you get charged penalties if you don’t pay your invoice on time.

Making payments to an injured employee

You need to tell us if you make any payments to an injured employee, even if your business is part of the ACC Employer Reimbursement Agreement. If we know, we can make sure your business is charged the correct levies.

 

What if I want to take a break?

If you are thinking of taking a break from work but don’t want to lose your cover have a look at ACC TimeOut.

 

 

Last updated: 15 December 2008