Calculating insurance duty

Insurers conducting business in Queensland are required to register as self assessors and lodge insurance duty returns. In most cases the duty is calculated on the premium, which is the total amount paid to the insurer for the insurance. The rate at which insurance duty is charged varies depending on the type of insurance.

When the insured property is located in Queensland and another state, the premiums need to be apportioned so that the duty can be calculated correctly. Different rates apply to these insurance types:

  • general - Class 1 and 2
  • compulsory third party (CTP)
  • life
  • accident.

Exemptions can apply to other types of insurance, and to insurance for charitable institutions and community organisations.

This guide helps you calculate your insurance duty and provides details on any exemptions that may apply.


Queensland Revenue Office

  • Call 1300 300 734 (Australia) or
    +61 7 3179 2500 (overseas)
  • Send an email using our online enquiry form.