ACC levies as a company shareholder

Shareholder-employees have a duty to pay ACC levies as a company shareholder, business employer and, if applicable, as an employee.

You're a shareholder-employee if you own part of a 'close' company and work for the company. A 'close' company has over half its shares held by five or fewer shareholders. PAYE shareholder-employees will be covered for workplace injuries through ACC’s standard cover options. Non-PAYE shareholder-employees also have the option of selecting ACC's CoverPlus Extra.

Your business needs to pay levies for each employee and, possibly, make PAYE deductions. When filing your Inland Revenue tax return, select the correct Business Industry Code (BIC). ACC uses this to determine the levies you'll pay. You can use ACC's levy calculators to find out what your levies might be.