Current Newsletter: March 2005  (pdf)

Archived Newsletters:
August 2004, March 2003  (pdf)
May 2002, March 2002, December 2001, June 2001
May 2000, February / March 2000 , June 1999, March 1999

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Workplace Accident Insurance

From 1 July 2000 ACC will be the sole provider of accident insurance in New Zealand - including workplace accident insurance for all employers, self-employed people and private domestic workers. Everyone that chose private insurers will be automatically covered by ACC from 1 July 2000.

We have been advised that ACC will automatically send information, calculate the premium and arrange an invoice for the nine-month period 1 July 2000 to 31 March 2001. This includes employers, private domestic workers and self-employed people.

Premiums for Cover received to 30 June 1999

ACC is continuing to invoice and collect payments from employers for premiums owing to 30 June 1999. To date over 140,000 employers have been invoiced.

The invoicing of self-employed people for premiums owing to 30 June 1999 has also now commenced. This includes the employer premium (for work related accidents) and 80c per $100 for the earner premium . component. The balance of the earner premium of 40c per $100 and the residual claims levy were paid to the IRD and included in the 1999 Income Tax return.

Important Changes to Payment Dates:
Please note that new regulations have been gazetted that alter the payment dates for invoices issued after 1 May 2000 that relate to premiums owing to 30 June 19. These changes are summarised below.

Employers and self-employed people whose invoices are issued after 1 May 2000 will have 30 days from the date of their invoice to pay:
- their 3-month premium (if applicable)
- their 12-month premium (if under $250)
- the full amount of their 12-month premium to receive the 5% early payment discount

If their 12-month premium is more than $250 the invoice is due for payment in 60 days.

Important Changes to installment dates:
Changes have also been made to the timings associated with the establishment of instalment plans. They are as follows:

Employers and self-employed people whose 12-month invoice is more that $2,000 and was issued after 1 April 2000 and have 30 days from the date of the invoice to apply for and agree an instalment plan and must make a minimum one-third payment within 60 days.

ACC CoverPlus invoicing has commenced:
ACC has also commenced invoicing self-employed people who continued to receive personal injury insurance cover from ACC. These invoices are for the ACC CoverPlus premiums spanning the 9-month period from 1 July 1999 to 31 March 2000. Once again those invoices include $1.21 for the earner premium, with the balance of 19c per $100 included in the 2000 year tax return.