Insurance facts and figures 2007 - PwC

Taxation
5
5.7 Key dates
GENERAL INSURANCE
Stamp duty legislation
Lodgement of returns and payments
• New South Wales, Victoria, Australian Capital Territory, Tasmania, Western Australia
and the Northern Territory
Within 21 days after the end of each month.
• South Australia
Within 15 days after the end of each month. Annual licence to be applied for by
31 January of each year.
• Queensland
Within 14 days after the end of each month or such other period as the Commissioner
may determine.
Table 5.6 – Fire brigade legislation
NSW – Fire Brigades
and Bush Fires
VIC – Metropolitan
and Country
TAS
Lodgement of returns
In September each year
(audited)
Before 15 August each year
Within 14 days after the end
of each month
Payment of charges
Fire brigades
Fire brigades’ quarterly advance payments and bush
fires due by 1 July, 1 October, 1 January and 1 April.
Advance payments to be adjusted based on returns
lodged in September in the following financial year
Bush fires
Quarterly payments due on the first day of each quarter
Metropolitan and country
Metropolitan quarterly advance payments and country
due by 1 July, 1 October, 1 January and 1 April.
Advance payments to be adjusted based on returns
lodged by 15 August in the following year
Payment made with monthly return
Insurance Protection Act (NSW)
• Lodgement of returns by 15 August of each year.
• Notices of assessment issued by 1 September of each year.
• Quarterly payments due by 15 September, 15 December, 15 March and 15 June of
each year.
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