Insurance Stamp Duty Calculator
Estimate insurance stamp duty on a premium or work back from the total on your quote.
Premium
Use the amount for the selected cover on your quote.
Policy details
Adjust premium
Leave at $0 if GST is already in the amount.
Add levies and fees that form part of the premium.
Enter the fee and its GST if both sit outside the duty base.
Use for cover under a current Revenue NSW organisation exemption.
Use for an eligible business with a declaration for this renewal.
Results
Estimated insurance duty
$183
Premium before duty
$2,035
Total including duty
$2,218
Duty basis
| Item | Applied |
|---|---|
| Location | New South Wales |
| Policy class | Home or contents |
| Duty treatment | 9% |
Each result covers one policy class in one risk location. Estimates display whole dollars.
Insurance Duty by State and Policy Class
States and territories that levy insurance duty tax the premium paid for cover. Insurers generally pay that duty and pass the cost on in the quote. Property transfer duty is a separate charge on the transfer of ownership.
Select where the insured property or risk is located. The table lists the classes this calculator covers for policies starting or renewing from 1 Jan 2026 to 30 Jun 2027. In the Northern Territory, it covers policy terms of up to one year. Select Other ordinary general cover when your insurer has classified the cover at the standard rate.
| Risk location | Dutiable cover in the calculator | Exempt cover in the calculator |
|---|---|---|
| New South Wales | Home, liability and other Type A cover at 9%. Motor, aviation and professional indemnity at the 5% Type B rate. | Qualifying crop, livestock, lenders mortgage insurance, compulsory third party (CTP) motor, workers compensation, private health, commercial hull and goods in transit. Two exemption inputs are below. |
| Victoria | Home, motor and other ordinary cover at 10%. Specified business cover at 8% through 30 Jun 2026 and 7% from 1 Jul 2026 in this calculator. | Qualifying crop, workers compensation, private health, commercial hull and goods in transit. |
| Queensland | Class 1 and Class 2 general cover at 9%, including home, motor and professional indemnity. CTP motor at 10 cents per premium. | Qualifying private health, commercial hull and goods in transit. |
| Western Australia | Home, motor (including CTP) and other ordinary cover at 10%. | Qualifying workers compensation, private health, commercial hull and goods in transit. |
| South Australia | Home, motor and other ordinary cover at 11%. | Qualifying drought crop insurance, private health, commercial hull and goods in transit. |
| Tasmania | Home, motor and other ordinary cover at 10%. | Qualifying workers compensation, private health, commercial hull and goods in transit. Public liability qualifies if it has a distinct sum in a separate policy or a non-domestic package. |
| Australian Capital Territory | The ACT abolished insurance duty on 1 Jul 2016. | The calculator returns $0 for every ACT class it lists. |
| Northern Territory | Home, motor and other ordinary cover at 10% for policies of up to one year. | Qualifying workers compensation, private health, commercial hull and goods in transit. |
Victoria’s phase-out applies to specified classes such as professional indemnity, public and product liability and aviation. Use Other specified business cover for eligible cyber, directors and officers, employers’ liability, fire and industrial special risks or dutiable marine cover. Householders, commercial motor and travel stay at 10%. The scheduled rate for specified cover falls each 1 July to zero from 1 Jul 2033.
Life policies and Queensland WorkCover use separate schedules. South Australian CTP uses its own premium and fee rules. The linked revenue offices list further exemptions and classes.
Premium Bases and NSW Exemptions
Insurance duty uses the premium for the selected cover, including any goods and services tax (GST) on that premium. Use Adjust premium to add dutiable charges listed separately on your quote. In NSW, that includes an emergency services levy charged with the premium. Tasmania includes applicable fire service and terrorism levies. Commissions included in the premium remain in the base.
A separately identified insurance intermediary fee is outside the duty base under rules such as those in NSW, Queensland, Western Australia and Tasmania. If the quote includes a fee the insurer has identified as outside the base, enter the fee, with any GST on that fee, under Excluded fee in amount. It stays in the total. A fee that forms part of the dutiable premium belongs in the base.
For cover spanning jurisdictions, apply the insurer’s allocation to the amount before duty using Share in this location. For example, a 40% South Australian share of a $2,900 duty base is $1,160. At 11%, the estimated duty is $128. Run each other location or policy class separately. When reversing a quote, use the duty-inclusive amount already allocated to the selected class and location.
Revenue NSW’s small business exemption covers eligible commercial vehicle, commercial aviation, occupational indemnity and business public or product liability premiums. Select Assume exempt only when the policy and business qualify and the declaration covers that renewal. For motor or aviation cover, the vehicle or aircraft must be used mainly for business. The exemption excludes medical indemnity covered by the federal Medical Indemnity Act.
Revenue NSW uses capital gains tax small business status, including aggregated turnover below $2 million in the previous year and likely below $2 million in the current year. The premium size does not establish eligibility. The calculator models the declaration as an assumption. The insurer determines whether to apply the exemption. Revenue NSW sets out the declaration and turnover rules.
For a NSW home policy, the small business declaration does not change the 9% rate. Select the separate organisation exemption only if the cover falls within a current exemption for the organisation. The calculator models that exemption as an assumption too. Revenue NSW lists the organisations and cover that qualify.
Worked Home Insurance Premium
Take a hypothetical NSW home insurance quote with a $2,035 premium before duty. It could consist of a $1,700 premium, a $150 emergency services levy and $185 GST. Enter the full $2,035 in Before duty mode with the adjustments at their defaults. NSW’s 9% rate gives $183 estimated duty and a $2,218 total on the screen.
To reverse the same quote, select Includes duty and enter its unrounded total of $2,218.15. The calculator divides by 1.09 to recover the $2,035 premium before duty, then subtracts that base from the quote total to show the $183 estimated duty.
