Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ACC levy consultation – easier than ever to have your say

11 June 2014

ACC levy consultation – it’s easier than ever to have your say

ACC is currently in the midst of its annual, public levy consultation process, and Chair Paula Rebstock wants Kiwis to know that “it’s never been easier to have your say about levies”.

“This year, we’ve set up an online submission form. All you have to do is go to the form on the ACC website, type in your feedback and contact details, then click send.”

Ms Rebstock says everyone in New Zealand is entitled to have their say about ACC’s proposed levies for the coming year, or share their views about any aspect of the ACC scheme.

“All submissions are considered carefully, and many ideas received during consultation have become reality.”

This year, ACC has proposed across the board levy cuts in 2015.

Ms Rebstock says the cuts are possible because the ACC scheme is now fully funded.

“Ever since 1999, when ACC shifted to a fully funded model, levies have reflected the need to build up our assets, so that we have enough funds invested to meet the anticipated lifetime costs of all existing claims.

“We’ve now met this goal ahead of schedule, making the levy cuts that took effect this year, and our proposed cuts for next year, possible.”

A feature of the proposed changes next year includes the introduction of risk rating for two classes of light passenger vehicles, which include cars.

“Under risk rating, the levy you pay when you relicense your car will reflect how safe the car is in a crash. The safer the car, the lower the levy. But all cars will have a lower licence levy under our proposed changes for 2015.”

Ms Rebstock says ACC has posted a comprehensive list of vehicle models and makes on its website.

“You can use this list to see what risk ‘band’ your car falls under, and what licence levy you will pay if our proposed changes are implemented.”

After levy consultation ends on June 17, ACC will consider all submissions, then make its recommendations on levies to the Minister for ACC.

The final decision on levies rests with the Government.

To find out more about levy consultation, go to: www.acc.co.nz/levyconsultation

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news