ACC Levies - Options to Save or Increase Cover

ACC have a plan that allows self-employed people and non PAYE shareholder employees to negotiate the level of compensation (subject to ACC approval) called ACC Cover Plus Extra. This allows you to dial down your cover (or increase it if required) and you won't need to prove your earnings when making a claim, which is required with the standard ACC plan. ACC Cover Plus Extra can be really benefici... More

Topics: Business Tax Compliance Salary & Wages ACC Levies

Posted 26/01/2015

ACC Levies Explained

ACC levies for people in business and now rental property profits are payable based on the profit generated from your trading activities. They are also payable on the gross wages paid to your employees. ACC levies are compulsory to cover you and your staff for personal injuries. There are concessions though if you are only part time in your business. Once your income tax return is filed for a yea... More

Topics: Business Tax Compliance Guides ACC Levies

Posted 26/01/2015