How to meet your obligations and make payments.
Paying tax on property you own.
Calculate and lodge tax on the wages paid by your business.
Calculate and pay transfer (stamp) duty on purchases.
We collect and audit mineral resources royalties.
We collect gaming and wagering taxes.
For businesses that provide health benefits to contributors.
Providers of general and life insurance pay a duty.
Aims to reduce traffic congestion in Sydney's busiest areas.
Surcharge fees that apply to residential land.
Duty applies to some vehicle registrations and transfers.
Applies to authorised taxi and booking service providers.
We collect funds to support emergency services in NSW.
How government and the private sector compete
Certain types of general insurance are exempt from duty provided the insured person is a capital gains tax (CGT) small business.
If the insured person is a CGT small business, an exemption will apply to:
Where an insurance policy covers multiple types of insurance, the insurer is required to apportion the policy’s premium among the different types of insurance. Duty won’t be calculated on the premiums relating to the exempt types of insurance.
Considering the entity and all affiliates and connected entities, the following must be true to be a CGT small business:
A business is affiliated with your business if an individual or company, in relation to their business affairs, acts in accordance with your directions or wishes, or in concert with you.
Trusts, partnerships and super funds can't be your affiliates.
Your entity is connected with another entity if either entity controls the other entity, or both entities are controlled by the same third entity.
This refers to the nature of your business activities, particularly whether you intend to make a profit.
Aggregated turnover is your Australia-wide annual turnover plus the annual turnovers of any businesses that are your affiliates, or are connected with you.
For more information, contact your tax advisor or visit the Australian Taxation Office website.
The insurer is liable to pay the duty which is usually passed on to the insured person. If you’re a CGT small business and have been charged duty on exempt insurance issued or renewed after 1 January 2018, you’re entitled to a refund of duty paid. Contact your insurer and they’ll advise you of their refund process.
If you receive a small business declaration after duty was paid and an exemption is granted, you may apply for a refund of duty or offset the refund against a future return period.
To do this, apply for a special tax arrangement. Email returns@revenue.nsw.gov.au, with evidence to support your claim.
There are no additional reporting requirements. You must keep sufficient records to enable the duty liability to be assessed, including small business declarations in an approved form. All records must be kept in a readily accessible form for five years.
We recognise the role you play in the insurance process, especially for businesses, and accept that you may enter into arrangements with a registered insurer to retain the small business declaration on their behalf. We accept this, as long as declarations are made available to the insurer if required by us.
Declarations are valid for a financial year and should be provided for each policy renewal.
If you’re a CGT small business, you must provide a declaration to your insurer in an approved form. Your insurer will determine if the exemption will apply. Declarations are valid for a financial year and should be provided for each policy renewal. Contact your insurer for further details.
A small business declaration can only be completed by the insured person. Agents and brokers cannot complete a declaration on behalf of the insured person.
If your business is registered in another state other than NSW, you can still apply for the small business exemption on insurance covering risks in NSW. Insurance premiums will need to be apportioned between Australian jurisdictions. Insurers can refer to the Insurance Apportionment Schedule in Revenue Ruling No. DUT 038.
If you’re an association that is a non-profit organisation having a charitable, benevolent, philanthropic or patriotic purpose, you may be eligible for an exemption from insurance duty under section 259 of the Duties Act 1997. If you meet this criteria, complete an application for exemption from duty 
form and return it to harmonisation@revenue.nsw.gov.au .
If your association isn’t eligible for this exemption but meets the definition of a CGT small business, you will be eligible for the small business exemption.
Penalties
There is a maximum penalty of $11,000 if false or misleading information is provided to obtain the small business exemption.
If a false declaration is made, the insurer may require you to pay the duty, together with any interest or penalty tax.