- Publish Date
- Thursday, 19 May 2016, 1:14PM
The average motor vehicle levy will fall from about $195 to around $130 per vehicle from July 1, it has been confirmed.
ACC Minister Nikki Kaye today confirmed the new ACC annual licence levies that owners of light vehicles - cars, vans, utes and SUVs - will pay from July.
The levy is part of the "rego" vehicle licensing fee.
Ms Kaye said the average levy, which includes the licence levy and petrol levy, would fall by 33 per cent.
"It will save New Zealanders $218 million, and follows $438 million of cuts to motor vehicle levies last year," Ms Kaye said.
"This means the average motor vehicle levy has fallen from $330 to $130 since 2014."