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Insurance duty

Duty applies to insurance for property, vehicles and business.

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Understanding insurance duty

Which premiums include duty and lodging obligations for insurers.

Abolition of duty on business insurance premiums

Duty on business insurance premiums is being phased out.

Register as an insurer in Victoria

Steps to apply using the online registration form.

Update your details as an insurer

Notify us online within one month of any changes.

Lodge a return as an insurer

Guide to lodging an insurer return online and paying duty.

Lodge a return as an insured person

Steps to lodge a duty return if you used an unregistered insurer.

Pay your insurance duty

Options to pay your duty when lodging a return.

Issues arising from the coronavirus pandemic for life insurers

How COVID-19 hardship affects life insurance policies.

What is insurance duty?

Insurance duty is charged on general insurance premiums, covering property, vehicles and business risks in Victoria. It is 10% for non-business insurance. Business insurance duty is reducing by 1% each year from 1 July 2024 until it is abolished.

Understanding insurance duty

Online services

Stay updated

News
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New revenue ruling DA-068 published

Following consultation, we have published new ruling DA-068.

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Draft ruling on abolition of duty on business insurance open for consultation

We have published draft Revenue Ruling DA-068, which provides guidance on the abolition of duty on business insurance.

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Changes taking effect on 1 July 2024

The start of a new financial year means updates to some fees, thresholds, levies and rates.

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