The Accident Compensation Corporation (ACC) is a government organisation in New Zealand that provides comprehensive, no-fault personal injury cover for all residents and visitors.
Established in 1974, ACC's primary role is to prevent injuries, provide care and support for those injured, and help them return to work or everyday life as quickly as possible. It covers a wide range of injuries, from accidents at work, home, or on the road, to injuries resulting from medical treatment.
ACC is funded through levies, including the Earners' Levy, which is paid by employed and self-employed individuals. This unique system aims to reduce the financial impact of injuries on individuals and the community, promoting a safer and more resilient society. For ACC enquiries, you can visit the ACC's official website.
ACC Articles
Employees to save 17% on ACC levies from 1 April 2014
Earners' levy rates are dropping to $1.45 per $100 of liable earnings from 1 April 2014. The Earners' levy income cap is also being adjusted.
ACC earners' levy reduces to 1.7% on 1 April 2012
NZ Salary and wage earners will receive more net pay from the 1st of April as the ACC earners' levy drops to 1.70% from 2.04%.
Expect a lower salary payment in April
The Government's ACC levy increases are set to kick in for workers and employers from 1 April 2010. The last couple of years have seen relatively big increases in ACC premiums.
ACC levies to increase in April 2010
ACC levies will increase next year in order to compensate for a 57% increase in ACC claims over the last four years