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Any refund will be automatically paid into your nominated bank account. We will let you know if we need your bank account details. You can securely provide us with your bank details through MyACC for Business. Well process your refund and pay it to your bank account.
Do you have to pay ACC levies?
All New Zealanders pay an ACC levy. As a small business owner youll pay an ACC Work levy each year which provides cover for you and your people your most important asset. Youll also deduct the ACC Earners levy from employees wages. If youre a contractor or self-employed, youll pay ACC every year, too.
How can I reduce my ACC levy?
The most cost-effective way to do this is to select Cover Plus Extra and request a low loss of earnings compensation amount. This will reduce the amount of your ACC levy, freeing up funds so you can purchase private insurance.
What is the maximum ACC levy?
Earners levy deducted on earnings up to an annually prescribed maximum YearMaximum earningsMaximum levy payable 1 April 2025 to 31 March 2026 $152,790 $2,551.59 1 April 2024 to 31 March 2025 $142,283 $2,276.52 1 April 2023 to 31 March 2024 $139,384 $2,132.57 1 April 2022 to 31 March 2023 $136,544 $1,993.5414 more rows
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