New Zealand ACC Levy Calculator 2021
Calculate Earner and Self-Employed Levies
Introduction
🎯 What
New Zealand ACC Levy Calculator 2021 estimates Accident Compensation Corporation levies payable by employees (1.39%) and self-employed (1.46%) based on 2021 rules.
👥 Who
Employees, Self-employed individuals, and Payroll administrators ensuring correct levy deductions.
💡 Why
To accurately compute mandatory ACC levies, ensure compliance, and understand accident insurance costs.
💼 Earnings Information
ACC Levy Summary
Levy Payable
$0.00
Annual ACC Contribution
ACC Levy Rates 2021
Rates & Caps
- Employee Earner Levy: 1.39%
- Self-Employed Levy: 1.46%
- Maximum Liable Earnings: $130,911
Calculation Logic
Levy is applied to liable earnings up to the cap.
- Levy = Min(Earnings, Cap) * Rate
- Adjustments are subtracted from total levy.
Calculation Examples
Example 1: Employee
Earnings: $60,000
Levy = $60,000 * 1.39% = $834
Example 2: High Income (Above Cap)
Earnings: $150,000 (Cap $130,911)
Levy = $130,911 * 1.39% ≈ $1,819.66
Frequently Asked Questions
Q: What is the ACC levy?
A: A compulsory levy to fund New Zealand’s accident compensation scheme.
Q: Who pays ACC levies?
A: Employees and self-employed individuals based on earnings.
Q: Is there a maximum cap on the ACC levy?
A: Yes, levies are capped at maximum liable earnings ($130,911 in 2021).
Q: Is this calculator official?
A: No, it is for educational and informational purposes only.
⚠️ DISCLAIMER: This New Zealand ACC Levy Calculator 2021 is for informational purposes only. Rates and rules are based on IRD and ACC 2021 guidelines. ANTIGRAVITY does not provide legal, accounting, or financial advice.