ACC Farmer Levy Classification: Who Qualifies and What You Get
Learn how self-employed farmers in New Zealand are categorized for injury cover and how to avoid overpaying your annual levies.
This classification system is used to categorize self-employed farmers so they can access the necessary workplace injury cover and rehabilitation support required for their specific type of agricultural work.
Who it's for
This scheme is designed for individuals who are working as self-employed farmers. It is meant to ensure that those running their own farming businesses are correctly accounted for within the national system.
What you get
By being correctly classified, you gain access to workplace injury cover. This provides a safety net if you are injured while performing your farming duties. Additionally, the classification ensures you receive the appropriate rehabilitation support to help you recover and return to work following an accident.
What it costs you
There is a financial cost involved in this system. You are required to pay an annual levy. The specific amount you are required to pay is not a flat rate for everyone; instead, it is calculated based on your specific farm classification code.
The catch to know
The most important thing to monitor is the accuracy of your business details. Using the wrong industry code for your specific type of farming can result in you overpaying your levies. It is vital that your classification accurately reflects the actual work being done on your farm to ensure you are only paying what is necessary.
How to apply
- Identify the specific type of farming activities you perform on your land.
- Verify the industry code that corresponds to your specific agricultural operations.
- Confirm that your business is registered under the correct classification code to avoid unnecessary costs.
- Check the official portal for further guidance on classification: https://www.acc.co.nz