Earners' levy rates are dropping to $1.45 per $100 of liable earnings from 1 April 2014. The Earners' levy income cap is also being adjusted.
NZ Salary and wage earners will receive more net pay from the 1st of April as the ACC earners' levy drops to 1.70% from 2.04%.
The Government's ACC levy increases are set to kick in for workers and employers from 1 April 2010. The last couple of years have seen relatively big increases in ACC premiums.
ACC levies will increase next year in order to compensate for a 57% increase in ACC claims over the last four years