If you are a registered insurer, you must pay duty on the premiums paid for policies offering general insurance. From July 2020, returns must be lodged via an online SmartForm.
Your return and payment are due by the 21st of each month. For example, your July 2023 return is due by 21 August 2023.
You must lodge a return even if there is no duty payable for the month.
Gather required information
To complete your return, you must provide:
- your customer name
- your customer number
- the period covered by the return
- the amount of duty payable for the return period.
Complete and lodge return
Complete your return and pay your liability using the payment details that will be displayed onscreen.
You can pay by VISA, MasterCard, BPAY, or electronic funds transfer (EFT). Please use the payment reference shown on screen to ensure your payment is allocated to the correct return.
A card payment fee of 0.45% applies to all credit card transactions.
Save a copy of your return
Once you have completed your return, you can download and save a copy for your records.
This copy includes the payment details in case you want to pay your duty after you have submitted your return. Remember, payment is due by the 21st of each month.