ACC Levy Rates to remain the same
The Minister for ACC Iain Lees-Galloway has announced levy rates will remain the same until 2022.
The Government has made the decision to continue the current levies for the 2021/22 year as part of a set of changes to help ease the financial pressures of COVID-19 and account for an uncertain economic outlook.
Read the official press release here.
Inform ACC if your payroll has reduced
ACC determines a business’s provisional invoice based on Inland Revenue data from the year prior. Inform ACC about a reduction of staff or reduction in payroll for 2020/2021. This will ensure provisional invoices will take the financial impact of COVID-19 into account.
ACC have added a new feature to their online system. As an employer you can long into MyACC for Business any time between now and the end of September to provide an estimated payroll update.
Please contact ACC on 0800 222 726 if you have any queries.