ACC levy freeze relief for businesses
July 6, 2020
The EMA is pleased with the Government’s announcement today that it is freezing ACC levies, paid by businesses, the self-employed and motorists to cover the costs of accidents, for two years.
Manager Employments Relations and Safety, Paul Jarvie, says it will provide certainty for businesses that will help with them with their budgeting.
“We want to see more of these kinds of decisions from the Government that will make a real difference to all businesses post-COVID-19, and to the overall economy’s regeneration,” he says.
Mr Jarvie cautions though that any gains made from freezing the levies for the next two years cannot come back as hikes when the freeze finishes.
“We appreciate it’s very difficult, but we hope that ACC will also be very conscious of managing medical costs over the next two years so businesses aren’t hit with additional costs in the end.”