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ACC - Don't Pay Too Much
We continue to find clients who are paying too much in ACC. We recommend that you carefully check your ACC invoices before paying. While you want to make sure you have adequate income cover in case of an accident, you do not need to pay more ACC than required. Two things to check:
1. Is the classification code for your industry or business correct?
2. If you are self-employed, does the invoice correctly state if you are involved in the business full-time or part-time? (Part-time being where you work on average less than 30 hours per week).
Additionally, if you operate as a partnership where one partner is doing a labour intensive job and the other partner attends mainly to administration work, each partner can have a separate ACC category based on the work they do. The same scenario can apply to shareholder employees.
Feel free to contact us so we can check your ACC invoices before you pay them. We have had a number of clients who were being charged at a higher rate than needed. In these cases we have been able to get these reassessed and a refund for ACC overpaid.
ACC Cover-Plus Extra - This is available to individuals (and shareholder employees who do not receive a PAYE salary). It is a way of having a guaranteed level of income i case of an accident and avoids the need to prove loss of earnings before being entitled to ACC compensation. While this type of cover does cost more it provides a good protection of guaranteed income until you are able to return to work.
Back...
ACC - Don't Pay Too Much
We continue to find clients who are paying too much in ACC. We recommend that you carefully check your ACC invoices before paying. While you want to make sure you have adequate income cover in case of an accident, you do not need to pay more ACC than required. Two things to check:
1. Is the classification code for your industry or business correct?
2. If you are self-employed, does the invoice correctly state if you are involved in the business full-time or part-time? (Part-time being where you work on average less than 30 hours per week).
Additionally, if you operate as a partnership where one partner is doing a labour intensive job and the other partner attends mainly to administration work, each partner can have a separate ACC category based on the work they do. The same scenario can apply to shareholder employees.
Feel free to contact us so we can check your ACC invoices before you pay them. We have had a number of clients who were being charged at a higher rate than needed. In these cases we have been able to get these reassessed and a refund for ACC overpaid.
ACC Cover-Plus Extra - This is available to individuals (and shareholder employees who do not receive a PAYE salary). It is a way of having a guaranteed level of income i case of an accident and avoids the need to prove loss of earnings before being entitled to ACC compensation. While this type of cover does cost more it provides a good protection of guaranteed income until you are able to return to work.
Back...
Newsletters
CLIENT NEWSLETTER APRIL 2025
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(114kb)CLIENT NEWSLETTER JUNE 2024
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(120kb)CLIENT NEWSLETTER MARCH/APRIL 2024
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(135kb)CLIENT NEWSLETTER DECEMBER 2023
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(106kb)CLIENT NEWSLETTER SEPTEMBER 2023
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(100kb)CLIENT NEWSLETTER JUNE 2023
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(110kb)CLIENT NEWSLETTER MARCH 2023
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(95kb)CLIENT NEWSLETTER DECEMBER 2022
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(163kb)CLIENT NEWSLETTER SEPTEMBER 2022
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(120kb)CLIENT NEWSLETTER JUNE 2022
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(114kb)CLIENT NEWSLETTER MARCH 2022
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(360kb)CLIENT NEWSLETTER DECEMBER 2021
(239kb)
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(239kb)CLIENT NEWSLETTER OCTOBER 2021
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(123kb)CLIENT NEWSLETTER AUGUST 2021
(96kb)
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(96kb)CLIENT NEWSLETTER APRIL 2021
(94kb)
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(94kb)CLIENT NEWSLETTER DECEMBER 2020
(115kb)
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(115kb)CLIENT NEWSLETTER SEPTEMBER 2020
(291kb)
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(291kb)CLIENT NEWSLETTER JUNE 2020
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(253kb)CLIENT NEWSLETTER APRIL 2020
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(977kb)CLIENT NEWSLETTER DECEMBER 2019
(146kb)
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(146kb)CLIENT NEWSLETTER SEPTEMBER 2019
(251kb)
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(251kb)CLIENT NEWSLETTER JUNE 2019
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(649kb)CLIENT NEWSLETTER MARCH 2019
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(480kb)CLIENT NEWSLETTER DECEMBER 2018
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(261kb)CLIENT NEWSLETTER JUNE 2018
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(464kb)CLIENT NEWSLETTER MARCH 2018
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(418kb)CLIENT NEWSLETTER OCTOBER 2017
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(115kb)CLIENT NEWSLETTER JUNE 2017
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(383kb)CLIENT NEWSLETTER MARCH 2017
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(124kb)CLIENT NEWSLETTER DEC 2016
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(351kb)CLIENT NEWSLETTER OCT 2016
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(351kb)CLIENT NEWSLETTER MARCH 2016
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(359kb)CLIENT NEWSLETTER DECEMBER 2015
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(376kb)CLIENT NEWSLETTER OCTOBER 2015
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(350kb)July 2015
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(236kb)March 2015
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(433kb)December 2014
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"We have found the staff at DB Chartered Accountants to be approachable, helpful with financial matters and give practical advice and sound support.
They are able to deal with complicated financial issues competently and report back in plain English, rather than using accountant jargon.
They take time to answer questions so that we know what is happening.
We know that we can rely on DB Chartered Accountants and that our financial matters are in good hands with who we can trust.
I find it reassuring that no matter how small the query is, I am taken seriously."
Sue Bennett
Director
CAMPUS CRECHE TRUST
They are able to deal with complicated financial issues competently and report back in plain English, rather than using accountant jargon.
They take time to answer questions so that we know what is happening.
We know that we can rely on DB Chartered Accountants and that our financial matters are in good hands with who we can trust.
I find it reassuring that no matter how small the query is, I am taken seriously."
Director
CAMPUS CRECHE TRUST