Levies and invoicing

All payments to ACC for personal injury cover are called levies. We set the rates for these levies each year. Levies are calculated depending on your clients’ business type and liable earnings. Invoicing occurs throughout the year and a range of payment options is available.

ACC levies

General information

ACC CoverPlus levies

ACC CoverPlus Extra levies

ACC TimeOut levies

ACC WorkPlace Cover levies

Residual claims levies

 

Business industry descriptions and classification units

ACC gives every business an ‘industrial classification unit’ based on the main type of work it does. This ensures that the costs of claims are shared fairly among the industries responsible for those costs.

 

How we calculate liable earnings

‘Liable earnings’ is the term we use to describe your client’s earnings that are liable for ACC levies. In the event of injury, we also use these liable earnings to calculate lost earnings compensation.

 

Levy consultation: Have your say on what you pay

Levy rates are set each year to provide enough funds to cover the lifetime costs of injuries that will occur during the upcoming year. Reviewing levy rates each year means we don’t end up charging more or less than we need to.

 

Levy reassessments

We reassess levies based on your client’s employment status, ie whether they are employers or self-employed people.

 

Levy information collection sources

Information about agency collection points and data sources for ACC levies.

 

Invoicing

It’s good to know how and when we invoice your client, including when levy payments are due, the payment options available, and how you can help your client avoid late payment penalties and referral to external debt collection agencies.

 

 

Last updated: 15 December 2008