Govt freezes ACC levy rates for two years

Mon, 06 Jul 2020

Accident Compensation Corp levy rates will be frozen for the next two years to help ease the financial pressures of covid-19, the government said. “We're taking practical steps to support levy payers throughout these difficult times, while also safeguarding the ACC scheme,” ACC minister Iain Lees-Galloway said. Lees-Galloway said levies will stay the same until March 31, 2022 for work and earners’ levies, and June 30, 2022 for motor vehicle levies. It has also lowered the funding target for levied accounts. “ACC’s previous funding t...

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