ACC levy cuts worth $50M a year to business, says Ardern

Mon, 10 Dec 2018

By Pattrick Smellie Dec. 10 (BusinessDesk) - Cuts to the Accident Compensation Corp's risk-related work levies will save New Zealand businesses about $50 million a year, while other levies will either not change or, in the case of risk-rated vehicle levies, will be discontinued. Prime Minister Jacinda Ardern and ACC Minister Iain Lees-Galloway announced the changes after Cabinet today. The Work Levy, which is charged to every business to cover accidents and injuries that occur at work, will fall from an average 72 cents for every $100...

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