Annual Small Business Stamp Duty Exemption
As you may be aware, the NSW Government has continued its Annual Small Business Stamp Duty Exemption in the Duties Act 1997 (NSW) (the Act) for eligible insurance acquired on or after 1 January 2018.
The Stamp Duty Exemption form will provide you with further information on whether your Business and/or Insurance Policy will qualify for exemption between 1st July 2019 and 30th June 2020.
This Declaration is required each financial year (FY) by the NSW Government and will cover policies affected and renewed during the FY ending 30th June 2020.
In order to receive the benefit of the exemption in the FY from 1st July 2019 to 30th June 2020, you must complete and return a Declaration to our offices ASAP.
Due to the large volume of declarations our offices will be unable to follow up so please complete and return the Declaration before 30th June 2019.