New Zealand ACC Levy Calculator 2023
Calculate accident compensation levies for employees, self-employed, and employers
Introduction
🎯 What
ACC (Accident Compensation Corporation) levies are mandatory insurance payments that fund New Zealand's no-fault personal injury cover scheme. The 2023 calculator estimates earner levies (employer/employee) and self-employed levies.
👥 Who
All employees, self-employed individuals, and employers in New Zealand must pay ACC levies. Employees pay earner levy on wages, while self-employed pay on liable earnings.
💡 Why
ACC levies provide crucial accident and injury insurance coverage for all New Zealanders, covering medical treatment, rehabilitation, and income compensation for workplace and personal injuries.
📋 Employment & Income
Expenses reducing liable earnings
Payment Summary
Total ACC Payment
$0.00
Note: Maximum liable earnings cap for 2023 is $138,915.
ACC Levy Rates 2023
Rates & Caps
- PAYE Earner Levy: 1.46%
- Self-Employed Levy: 1.39%
- Max Liable Earnings: $138,915
Calculation Logic
Levies are calculated on your liable earnings up to the maximum cap. Deductions reduce your liable base.
Example: If you earn $150k, you only pay levy on $138,915.
Calculation Examples
Example 1: PAYE Employee
Income: $60,000 | Rate: 1.46%
Example 2: Self-Employed with Deductions
Income: $100,000 | Deductions: $10,000 | Rate: 1.39%
Levy = $90,000 × 1.39% = $1,251.00
Example 3: High Earner (Capped)
Income: $150,000 | Cap: $138,915 | Rate: 1.46%
Levy = $138,915 × 1.46% = $2,028.16
Frequently Asked Questions
Q: What is the ACC levy?
A: The ACC levy is a compulsory insurance levy for workplace and personal accident coverage.
Q: Who pays ACC levies?
A: PAYE earners, self-employed individuals, and businesses in New Zealand.
Q: How is the ACC rate applied?
A: Rate depends on employment type and is applied to liable income up to the maximum cap ($138,915 for 2023).
Q: Can voluntary contributions be added?
A: Yes, optional voluntary contributions can be included.
Q: Is this calculator official?
A: No, it is for informational and educational purposes only.
⚠️ DISCLAIMER: This New Zealand ACC Levy Calculator 2023 is for informational and educational purposes only. Rates and rules are based on ACC 2023 guidelines. ANTIGRAVITY does not provide legal, accounting, or financial advice.