How to reduce your ACC Levies
Did you know there are 2 types of ACC cover? One suits salary and wage earners, the other is for the self-employed and business owners.
Some of the benefits of a business owner being on the right ACC cover are:
None of these above benefits happen unless you are on the right type of ACC cover for a business owner.
So how do you know if you’re on the right ACC cover? That’s easy, if you have to ask that question then you are not! Don’t beat yourself up about that, most self-employed business owners are not on the best ACC cover to meet their needs.
However the reality is ACC will not guide business owners in this regard because they are not permitted to give advice in this area. There is a way to get professional guidance though to ensure you have the right ACC cover and that is to talk to a professional who specialises in this area.
Russell Johnson – Iconic Financial Ltd
As one of New Zealand’s foremost and respected business risk management specialists he helps businesses achieve Stability, Certainty and Security through the effective identification and management of the risks that all business owners face simply by being in business.
This includes helping business owners restructure their ACC, helping a business survive the disability of a key person and ensuring the funds are available to purchase the shares from a deceased or disabled shareholder.