Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Government Confirms 2008/09 Levy Rates

Government Confirms 2008/09 Levy Rates

Most employers will pay less in ACC levies next year, while there will be some increases for workers and motorists, says ACC Minister Maryan Street.

The government has adopted the following levy rates based on advice from ACC and the Department of Labour.

The average composite employer levy will decrease from $1.32 to $1.26 per $100 of earning.

The earner levy (paid by all earners to cover their non-work, non-motor vehicle injuries) will increase from $1.16 to $1.24 per $100 of earning.

The average composite motor vehicle levy will rise from $204.78 to $254.63. It will be split 50/50 between the petrol levy and registration fees.

All levies exclude GST and are average rates. Individual rates for industry groups may be higher or lower.

The new rates take effect in April, with the exception of the motor vehicle levy which takes effect in July.

“Increased levies generally reflect rising overall claim numbers and healthcare costs, particularly for long-term claimants for whom a greater range of services and treatments are required.”

“The motor vehicle levy rate reflects an increase in motor vehicle injuries, the relative severity of those injuries and the growing cost of treating and rehabilitating them, including the provision of home support,” said Maryan Street.

“Within the employer levy, there are distinct categories for current and pre-1999 claims (the Residual Account). Costs for the Residual Account are continuing to rise. Rather than progressively raising the annual levy for this account in coming years, I’ve opted to give employers more certainty by preparing for cost increases now via a steady levy over the coming years.”

A table is attached comparing the 2007/08 and 2008/08 ACC levy rates. More details are available at www.acc.co.nz

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: on the inquiry into the abuse of children in care

Apparently, PM Jacinda Ardern has chosen to exclude faith-based institutions from the government’s promised inquiry into the abuse of children in state care.

Any role for religious institutions – eg the Catholic Church – would be only to observe and to learn from any revelations that arise from the inquiry’s self-limiting focus on state-run institutions… More

 

Gordon Campbell: On Jim Anderton
For anyone born after 1975, it is hard to grasp just how important a figure Jim Anderton was, for an entire generation.
During the mid to late 1980s, Anderton was the only significant public figure of resistance to the Labour government’s headlong embrace of Thatcherism...More>>

ALSO:


Gong Time: New Year's Honours List

Jacinda Ardern today congratulated the 179 New Zealanders named on the 2018 New Year’s Honours List.

“Although this list was compiled and completed by the last government, it is a pleasure to welcome in the New Year by recognising exceptional New Zealanders,” Jacinda Ardern said.

“As an Aunty, I love reading books to my nieces, so it’s lovely to congratulate Joy Cowley, who is made a member of the Order of New Zealand today....More
Full list


Roads: National launches bid to save highway projects

The National Party has launched a series of petitions aimed at saving regional highway projects at risk because of the Government’s obsession with Auckland trams…More>>

ALSO:


Medical Cannabis: Bill Introduced to “ease suffering”

Health Minister Dr David Clark says making medicinal cannabis more readily available will help relieve the suffering of people who are dying in pain More>>

ALSO:

Campbell: On The Quest For Zero Net Carbon Emissions
Some would querulously ask, zero net carbon emissions by 2050 – while others would say, why not?
More>>

ALSO:

CPAG Report: The Further Fraying Of The Welfare Safety Net

New Zealand’s welfare system has undergone a major transformation during the past three decades. This process has seriously thwarted the original intent of the system, which was to provide a decent standard of living for all New Zealanders in times of need... More>>

ALSO:


 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages