Apportionment of premiums for insurance duty

Apportionment applies to a contract of life insurance for people living in Australia, where at least one person has a home in Queensland when the policy is issued.

When calculating duty, general insurers must apportion all premiums paid on insurance contracts that relate to:

• property that at the time of insurance is located in Queensland and in another state or territory
• a risk concerning an act or omission that within the normal course of events may occur within, or partially within, Queensland and in another state or territory.

Where applicable, premiums should be apportioned as described in the Schedule of Apportionment. You can find the Schedule of Apportionment in Schedule 3 of the Duties Regulation 2023.

Applying to change how a premium is apportioned

As an insurer or insured person, you can request in writing that we apportion a premium on another basis.

You can make a written application to:

Queensland Revenue Office
GPO Box 2593
Brisbane  QLD  4001