Calculating your levies

Find out how we calculate your levies. Before you can calculate your levies you need to know your classification unit (CU), your total liable income for the year, and the type of cover you have.

On this page

    Calculate your levy

    Use our levy calculators to calculate your levies. Unless you've applied for one of our optional cover products, you'll be on our standard cover.

    Just want an estimate?

    If you’re new to business or just want an idea of how much your levies will be, try our levy estimator.

    Estimate your levies

    What you need to calculate your levies

    Before you can calculate your levies you need to know your:

    How to find your BIC code or CU

    Find your CU on your invoice. You can also search for your BIC code. Once you've found it you'll see your CU as well.

    Find your BIC code

    How to find your liable income or payroll

    Your liable income or payroll is based on the income information you declared with Inland Revenue on the:

    • IR3 Individual income return (for self-employed people)
    • IR4 Companies income tax return (for shareholder employees)
    • IR348 Employer monthly schedule (for employers)
    • IR7 Partnerships and look through companies (LTCs).

    The min and max income you’ll pay levies on

    We set the minimum and maximum levels of liable income on 1 April every year. If your income or your employee’s income is above or below these set amounts, we’ll use this to calculate your levies.

    If you’re self-employed

    No matter what your employment status, you’ll only pay levies on your liable income up to the maximum level.              

    Your work hours include all the hours you work per week, even if you have more than one job.

    If you work part-time

    Part-time work is an average of 30 hours or less a week over a tax year. If you work part-time you won’t be affected by the minimum level. We’ll levy you based on your actual liable income.

    If you work full-time

    Full-time work is more than 30 hours a week on average over a tax year. If you work full-time and earn less than the minimum over a tax year, we’ll use the minimum amount to calculate your levies for that year.

    If you work full-time and earn more than the minimum over a tax year, we'll levy you based on your actual liable income.

    Year starting from 1 April

    Minimum liable income level

    Maximum liable income level

    2018 – 2019

    $32,760

    $124,053

    2017 – 2018

    $31,720

    $122,063

    2016 – 2017

    $30,680

    $120,070

    2015 – 2016

    $29,640

    $118,191

    Contact us if you need information from previous years.

    If you employ staff

    You’ll only pay levies on an individual’s earnings up to the maximum level. If an employee on your payroll earns more than the maximum, we’ll only levy you for the maximum.

    Year starting from 1 April

    Maximum liable income for employees

    2018 – 2019

    $126,286

    2017 – 2018

    $124,053

    2016 – 2017

    $122,063

    2015 – 2016

    $120,070

    Contact us if you need information from previous years.

    Current levy rates for businesses

    We calculate your levies based on your liable income multiplied by your levy rate, per $100 of your liable income. Find out more about the levies you pay and their current rates:

    Paying levies if you work or own a business

    Contact us

    Let us know if you have any questions:

    Phone (employers) 0800 222 776  (Monday to Friday 7am – 7pm)
    Phone (self-employed) 0508 426 837 
    Email business@acc.co.nz

    Last published: 20/07/17