ACC Earners’ Levy Changes (2023–2027)
The ACC Earners’ Levy helps fund injury cover for all working New Zealanders and is deducted from salaries, wages, and self-employed income up to the maximum liable earnings threshold.
For employees and self-employed individuals earning at or above the maximum threshold, the levy payable increases slightly each year as both the levy rate and income caps rise.
Income Year | Earners’ Levy Rate (inc. GST) | Max Income Earners’ Levy (for employees) charged on | Max Earners’ Levy employee can pay | Max Income Earners’ Levy (for self-employed) charged on | Max Earners’ Levy self-employed can pay |
|---|---|---|---|---|---|
2026–27 | 1.75% | $156,641 | $2,741.22 | $156,641 | $2,741.22 |
2025–26 | 1.67% | $152,790 | $2,551.59 | $152,790 | $2,551.59 |
2024–25 | 1.60% | $142,283 | $2,276.52 | $142,283 | $2,276.52 |
2023–24 | 1.53% | $139,384 | $2,132.57 | $139,384 | $2,132.57 |
If you’re planning ahead for payroll, shareholder salaries, or self-employed income, it’s important to factor these updates into your cashflow.
If you have any questions, get in touch with the team at Evans & Co.
