Workers and employers will pay $387 million less in ACC levies in 2014/15 (subject to the regulation being passed). The cuts affect the Earners Account (paid by workers) and the Work Account (paid by employers).
|Work Account Average levy (per $100 of liable earnings, ex GST)||Earners’ Account levy (per $100 of liable earnings, ex GST)|
The Health and Safety in Employment (HSE) Levy is changing to a flat rate of $0.08 per $100 liable earnings. Look for more news on this later in the year.
Motor Vehicle Account levies, incorporated into car registration and petrol prices, will remain the same. The Government expects to introduce cuts for motor vehicle owners from 1 July 2015.
In other news, there have been some minor changes to classification unit codes, affecting second-hand booksellers and people working in digital effects industries.
Are you managing ACC on your own? We could help you with that, with our ACC Administration and Advisory service. Talk to us about how the service might save you time and money.