If you’ve invested in residential property, you may be scratching your head over whether recent…
If you’re self-employed and on ACC’s basic cover – CoverPlus – you won’t receive a 2019/2020 invoice this year.
According to their announcement on 11 September, ACC is changing when and how they levy self-employed people: that is, from the 2020 levy year, your levy will be calculated on actual earnings. So instead of receiving an invoice this year (based on 2019 earnings), ACC will wait until you’ve filed your actual 2020 earnings and invoice you then.
There is no change to levies for CoverPlus Extra, for Employers, or for those receiving Shareholder salaries.
As always, if you’re unsure about any of this, please get in touch and we’ll work it through with you.