ACC Levy reductions

The Government has agreed to the following changes to levies in 2016/2017:

  • 11% reduction to the average work levy taking it to 80 cents per $100 of liable earnings
  • 4% reduction to earners' levy, taking it to $1.21 per $100 of liable earnings
  • 33% reduction to combined average motor vehicle levies (the petrol levy and annual licence levy), from an average of $194.25 currently, to $130.26 per vehicle

 

 

Disclaimer: This publication has been carefully prepared, but it has been written in general terms only. The publication should not be relied upon to provide specific information without also obtaining appropriate professional advice after detailed examination of your particular situation.

Posted: Thu 18 Feb 2016

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