Tile layer: changes to ACC CoverPlus levy invoicing for self-employed

If you are self-employed you'll automatically be on ACC CoverPlus.

Until recently, ACC estimated your CoverPlus levy based on your previous year's earnings and issued invoices on this basis.

Following an ACC levy consultation last year, it was decided that from the 2020 year your levies will be based on actual earnings for that year, as filed with Inland Revenue. This change makes the CoverPlus levy simpler, both for you and ACC.

What this means is that most self-employed customers will not receive an invoice during 2019. The next invoice they can expect to receive will be mid-2020, which will be based on the actual earnings for the 2019/2020 year.

If you are on CoverPlus Extra

The levy for CoverPlus Extra is based on an agreed level of cover, therefore it will not be affected by the change. If you have opted for CoverPlus Extra, you will continue paying levies in advance and will be invoiced as usual this year.

Joining or leaving CoverPlus Extra part-way through a year means you will pay a CoverPlus levy for the remaining part of the year. ACC will calculate this for you.

If you have ceased trading

You will probably already have paid a CoverPlus levy based on your 2018 earnings. You will need to contact ACC (or your tax agent, who will liaise with ACC on your behalf) to advise your actual earnings for the 2019 financial year so they can re-assess your levy.

If you stop trading in the year ahead, you can either:

  • Contact ACC with your final earnings so they can issue you with an invoice, or
  • Wait for ACC to issue your invoice once Inland Revenue has confirmed your final earnings

If you are an employer

ACC levy invoices will be sent out to employers from 9 July. Get ready now by logging in to MyACC for Business, where you can:

  • Update your details

  • See how much you owe

  • Download current and past invoices

  • Set up payment plans

  • View payment history

  • View reports about work-related employee claims

Please contact one of our friendly advisers if you have any queries regarding your ACC levies.