business.gov.au

Registration for Insurance Duty - Tasmania

Description

You will need this registration if you are registered as a general or life insurer in Tasmania. A general or life insurer is a person or entity who:

  • writes general or life insurance
  • writes insurance otherwise than as an insurance intermediary
  • has appropriate registration.

Duty payable may be a percentage of:

  • the premium paid in relation to contracts of general insurance
  • the sum insured by a life insurance policy
  • the first year's premium of a temporary or term insurance policy
  • the premium paid on a mortgage insurance policy.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

You must be authorised / registered as a life insurer or general insurer to be eligible for this registration.

Duration

As specified

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Application All Please contact the agency for more information.

Act(s) name

Duties Act 2001 Tasmania

Approval time

10 business days

Administering agency

Department of Treasury and Finance

State Revenue Office

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.