JPCA logo
JPCA logo

ACC compensation an unfair tax

November 15, 2022

Some aspects of tax are undoubtedly unfair. Perhaps the worst one is ACC. If you receive compensation for loss of wages it is taxed in full in the year you receive it. Sometimes, ACC doesn’t pay for several years and then provides the money in a lump sum. This problem has been around for many years and one wonders why our representatives in Parliament have never attempted to correct it.

Privacy Policy
© 2024 John Packham Chartered Accountants Limited
Chartered Accountants Howick Auckland Chapel Road Blue
4 Johns Lane, Pakuranga
Auckland, 2010
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram