ACC Classifications are changing

ACC is currently undertaking reviews of the business classifications in some industries in order to confirm that your business is using the correct classification.  A business industry classification is a way of classifying a business by the main activity it is involved in. Each classification consists of a description (the ‘business industry description’) and an…

How does surplus fit in with ACC?

At a time of government ‘fat trimming’ it’s nice to hear the word surplus.  ACC has made a miraculous turnaround from several years ago, as a result of reduced management costs and drastic improvements in rehabilitation rates thus also resulting in 20% less people on long-term compensation. Last year a $3.5 billion dollar surplus was…