2012-13 Tasmanian Budget

The 2012-13 Tasmanian Budget (delivered 17 May 2012) announced the revision of two existing taxation measures:

Duty on General Insurance

The rate for Duty has increased from 8% to 10% on ‘general insurance’ policy premiums - this change takes effect on 1 October 2012.

The revised rate does not affect Life Insurance premiums.

For more information, please read the fact sheet.

Duty on Property Transfers (Conveyance Duty)

Rates and property value thresholds have been revised - this measure takes effect on 1 October 2012.

For more information, please read the fact sheet.

Online form for land tax classifications

The online form can be used when applying for land tax classifications (such as Principal Place of Residence) and concessions.

Tasmanian Revenue Online

Tasmanian Revenue Online (TRO) is a secure web-based system for clients of the State Revenue Office to lodge weekly, monthly and annual returns, send details, assess and endorse duty on documents, and pay State taxes.

It is available to employers registered for payroll tax, licensed insurers and solicitors, financial institutions and other organisations approved to assess and remit duty.

Further information is available on Tasmanian Revenue Online including registering for TRO.

If registered you can login to the TRO system

AUSkey� for Tasmanian Payroll Taxpayers

AUSkey provides a single key access to Tasmanian Revenue Online (TRO) and other government online services across Australia. AUSkey is easily installed on your computer, USB stick or combination of these. Update your details, change password or register other people for your business. You can easily link your AUSkey to your TRO account.

Standard Business Reporting

The State Revenue Office is able to receive Monthly Payroll Tax returns and Annual Adjustment Returns through Standard Business Reporting (SBR) enabled software.

Land Tax Calculator

Use the calculator to help estimate your land tax liability.

News

Subscribe to the latest News items and notification of updated documents

Harmonised policy on interest and penalty tax
Tasmania has adopted a harmonised approach to Interest and Penalty Tax for late payments of payroll tax. More...

New payroll tax ruling – Determining whether a worker is an employee
PTA038 – Determining whether a worker is an employee – was published on 29 July 2011 by all States and Territories, effective 1 July 2011. More..

Interest and Penalty Tax - New Rulings
The State Revenue Office has published three new Revenue Rulings in connection with the imposition and remission of Interest and Penalty Tax. More...

Payroll Tax Nexus Provisions - new payroll tax ruling
A new Payroll Tax Ruling has been agreed and was published on 12 May 2011 by the States and Territories. It sets out the circumstances where wages must be declared in Tasmania for payroll tax purposes. More…

Revenue Ruling - Paid Parental Leave
The Australian Government’s Paid Parental Leave (PPL) scheme was introduced by the Paid Parental Leave Act 2010. More...

Payroll Tax Harmonisation - Commissioners' Protocol
In 2007 Commissioners committed to harmonisation of Payroll Tax administration. Since then, all jurisdictions have fully harmonised in 8 key areas and 5 jurisdictions have implemented fully harmonised legislation. More...