ACC Final 2015/16 rates

With an election this year, the ACC levy setting process has happened earlier than usual.   Last week, the minister announced the final rates for the 2015/16 year, and we have outlined these in the attached newsletter.

Interestingly, the minister also indicated that a sufficient amount of residual levy has now been collected to cover the cost of pre-1999 injuries.   As a result, a review into the residual levy is expected in the future, which will be of interest to Accredited Employers.