Why do Claims pre 2010 get assessed via the Te Ara Hou calculator?
Eos only is able to apply the legislation applicable to the 2010 act. For all others we need to use the Te Ara Hou calculator where we can choose retrospective Acts.
Name a reason why you might do an ACC opt out for ERA?
You should also consider opting the employer out when the following situations apply:
• the client has received a MSD reimbursement
• the client is receiving a Section 60 permanent incapacity payment
• the claim is backdated and/or the employment has been terminated
• there may be other complex situations which means it is too difficult to administer the weekly compensation as ERA.
Whats a WC45 sent for and when?
For Backdated claims which are eligible for Alternate Tax Rate and after the payment has been finalised.
What's the earliest date we can get earnings via an RTE?
01/04/2015
If a client requires ACC to pay MSD their reimbursement of their previous benefit- are they paying tax twice?
MSD pays net benefit to client and tax to IRD
ACC reimburses WINZ the net benefit and the tax on the benefit to IRD
ACC Arrears after reimbursement, ACC pays the claimant the net of any arrears, and the tax on ACC to IRD.
An Operations manager ie Sarvesh has to sign off on a payment of how much?
+500k
What dates constitutes a complex S82 request?
01/04/1990-01/04/1999
For what reasons can a claim be escalated?
Can a backdated claim be a VI claim?
Yes- backdated claims can be VI claims
Can a Tax year recalculation be considered a backdated request?
No
Do active debts need to be recovered from a clients backdated payment?
By being 365+1 days over a full complete tax year
Client may have had a name change, IRD number change (bankrupt), earnings might not be available on RTE
MSD may send an ACC172 and ask us to reimburse them. What is the highest % of a clients gross weekly compensation they can ask for?
100%
Supplementary debt repayment: MSD will send a Section 86a lump deduction notice. This is an optional reimbursement the client may consent to. What is the % that the protected earnings threshold is set for these?
40%