Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698751899652.pdf (New Zealand)
2011/20 Accident Compensation (Earners’ Levy) Regulations 2011 Anand Satyanand, Governor-General Order in Council At Wellington this 28th day of February 2011 Present: His Excellency the Governor-General in Council Pursuant to sections 218(5), 244, 329, and 333 of the Accident Com- pensation Act 2001, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council and on the recommendation of the Minister for ACC, makes the following regu- lations.
Contents Title Commencement Interpretation Earners’ levy Maximum earnings on which earners’ levy payable Self-employed person: works more than 30 hours per week and earns less than specified amount Self-employed person: purchases weekly compensation Levies exclusive of GST Amount of levies exempt from payment Page 2 2 2 2 3 3 4 4 4 1 Accident Compensation (Earners’ Levy) Regulations 2011 Revocation and saving 2011/20 4 Regulations Title These regulations are the Accident Compensation (Earners’ Levy) Regulations 2011.
Commencement These regulations come into force on 1 April 2011.
Interpretation In these regulations, unless the context otherwise requires,— Act means the Accident Compensation Act 2001 applicable tax year means the 2011–12 tax year or, as the case may be, a later tax year Corporation means the Accident Compensation Corporation continued by section 259 of the Act current portion, in relation to the earners’ levy, means the portion of that levy that is necessary to provide for the pur- poses referred to in section 218(5)(a) of the Act earners’ levy means the levy payable to fund the Earners’ Account under section 219(1) of the Act residual portion, in relation to the earners’ levy, means the portion of that levy that is necessary to provide for the pur- poses referred to in section 218(5)(b) of the Act tax year has the same meaning as in section YA 1 of the In- come Tax Act 2007 for the purposes of furnishing a return of income under the Tax Administration Act 1994.
Earners’ levy The amount of the current portion of the earners’ levy payable for an applicable tax year is,— (a) for self-employed persons, except those described in paragraphs (b) and (c), $1.7245 per $100 of earnings derived, or treated as being derived, in the tax year that immediately precedes the applicable tax year: r 1 10 1 2 3 4 (1) 2 2011/20 Accident Compensation (Earners’ Levy) Regulations 2011 r 6 (b) (c) (d) for self-employed persons to whom regulation 6 ap- plies, an amount calculated in accordance with regula- tion 6(2): for self-employed persons to whom regulation 7 ap- plies, an amount calculated in accordance with regula- tion 7(2): for other earners, $1.7245 per $100 of earnings for pay periods ending in the applicable tax year.
(2) The amount of the residual portion of the earners’ levy payable for an applicable tax year is,— (a) for self-employed persons, except those described in paragraph (b), $0.0533 per $100 of earnings derived, or treated as being derived, in the tax year that immediately precedes the applicable tax year: for self-employed persons to whom regulation 6 ap- plies, an amount calculated in accordance with regula- tion 6(3): for other earners, $0.0533 per $100 of earnings for pay periods ending in the applicable tax year.
(b) (c) (3) Subclauses (1) and (2) are subject to regulation 5.

5 (1) (2) 6 (1) (2) Maximum earnings on which earners’ levy payable The maximum amount of earnings in a tax year on which a self-employed person must pay an earners’ levy is $110,018.

The maximum amount of earnings in a tax year on which any other earner must pay an earners’ levy is $111,669.
Self-employed person: works more than 30 hours per week and earns less than specified amount This regulation applies to a self-employed person who, in the tax year that immediately precedes the applicable tax year,— works for an average of more than 30 hours per week, (a) whether or not as an employee; and earns less than $26,520.
(b) The person must pay the current portion of the earners’ levy calculated using the following formula: $26,520 − earnings as an employee 100 × 1.7245 3 r 7 (3) (4) 7 (1) (2) 8 9 Accident Compensation (Earners’ Levy) Regulations 2011 2011/20 The person must also pay the residual portion of the earners’ levy calculated using the following formula: $26,520 − earnings as an employee 100 × 0.0533 Earnings as an employee is the amount of the person’s earn- ings as an employee in the applicable tax year.
Self-employed person: purchases weekly compensation This regulation applies to a self-employed person who enters into an agreement with the Corporation under section 209 of the Act to purchase weekly compensation.

The person must pay the current portion of the earners’ levy calculated using the following formula: 1.7245 × 1.25 × a 100 where— a is the agreed level of weekly compensation purchased by the self-employed person under section 209 of the Act adjusted to an annual figure.
Levies exclusive of GST The amounts of earners’ levies payable under regulation 4 are exclusive of goods and services tax.

Amount of levies exempt from payment For the purposes of section 244 of the Act, the relevant exempt amount for any invoice that is issued to a self-employed person for the purposes of the Act and that includes the earners’ levy is set at $40.

10 (1) Revocation and saving The Accident Compensation (Earners’ Levy) Regulations 2010 (SR 2010/72) are revoked.
(2) Despite subclause (1), the Accident Compensation (Earners’ Levy) Regulations 2010 continue to apply to the period start- 4 2011/20 Accident Compensation (Earners’ Levy) Regulations 2011 r 10 ing on 1 April 2010 and ending with the close of 31 March 2011 as if they had not been revoked.

Rebecca Kitteridge, Clerk of the Executive Council.

Explanatory note This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 April 2011, revoke and replace the Accident Compensation (Earners’ Levy) Regulations 2010 (the 2010 regulations).
The main differences between these regulations and the 2010 regu- lations are as follows: • the maximum amount of earnings in a tax year of a self-em- ployed person on which the earners’ levy is payable has in- creased from $106,473 to $110,018: the maximum amount of earnings in a tax year of other earn- ers on which the earners’ levy is payable has increased from $110,018 to $111,669: the minimum amount of earnings on which an earners’ levy is payable by a self-employed person who works, on average, for more than 30 hours per week (whether as an employee or not) has increased from $26,000 to $26,520.
• • Issued under the authority of the Acts and Regulations Publication Act 1989.

Date of notification in Gazette: 3 March 2011.

These regulations are administered by the Department of Labour.

12 Wellington, New Zealand: Published under the authority of the New Zealand Government—2011 5