Menu
CA

EmailSearchLogin

You are here: Home > Resources > Tax Facts

Tax Facts - ACC Premiums

Employer invoicing by ACC takes place from June each year and is based on employee earnings for the year ended 31 March.

Your ACC Premium consists of:

  • ACC Workplace Cover Levy - your classification unit rate x each $100 of liable earnings.
  • Working Safer Levy - 8c x each $100 of liable earnings.

The Classification Unit Rate is based on the actual cost of work-related injuries that occur within your classification unit.  A classification unit is a group of businesses that operate within a similar industry.

The IRD provide ACC with relevant earnings data from employer monthly schedules.  From this information, ACC calculates the total levies due.

For more information on ACC premiums just give us a call or visit the ACC website.

Supplied by CCH Business Fitness NZ

Anti-Money Laundering rules

Accountants must comply with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.  This means we may, from time to time, ask you to provide additional documents to verify your identity.

More ...

CONTACT US

Balclutha Office
102 Clyde Street, Balclutha
Find us on the map
P. 03 4180020
E: accountants@shandthomson.co.nz
Dunedin Office
7th Floor Westpac Building,
Cnr Moray Place & George Street, Dunedin
Find us on the map
P. 03 4741394
E: accountants@shandthomson.co.nz

banklink
fedxero
CMR 
nzblood