Decreases to ACC levies for farming

The 2017 ACC levies for farmers have decreased, with levies down between 6-9% on the 2016 levies.

These decreases have come about from the government passing on savings generated from improved ACC financial management. The average work levy paid by employers and self-employed people has reduced from 80 cents to 72 cents per $100 of liable earnings; a reduction of 10%. ACC levies for dairy farmers have decreased by 9%, while sheep and beef farmers have seen their levies decrease by 6%. Deer farmers have seen the biggest decrease, with their levies dropping by 17%. The ACC levies are used to fully fund the cost of the ACC scheme. ACC covers payouts to those injured for loss of earnings, medical costs, managing at home costs after injury and for the cost of administration of the scheme.

In calculating ACC premiums, industries have differing premium rates based on ACC’s assessment of risk, cost and frequency of injury within the industry. The higher the industry’s risk, costs or number of injuries, the higher the ACC premiums.

It is worth reviewing your ACC industry classification on a regular basis to check that it is still

appropriate to your business activity. There may have been changes to your business industry, role in the business, a shift to part-time hours, or a passive role (retirement or raising children). All of these will affect yourACC position.

If you need help, check out our ACC sorted service.