Registration and returns
All insurers that cover a risk, must apply to be registered. Brokers and other insurance intermediaries may register to pay duty on behalf or their clients.
To lodge insurance duty returns and make payments online via Tasmanian Revenue Online (TRO), you will need to:
TRO is a web-based system that allows users to:
- lodge and amend monthly returns;
- receive electronic assessment notices and communication from us; and
- make payments.
If the insurer or broker doesn't pay the duty associated with an insurance policy, the insured person is required to lodge a one off return and pay the duty. This can be done using TRO.
Return due date
Returns must be lodged and paid by the 21st day of the month for premiums paid, or for life insurance policies effected, in the preceding month.