DO YOU TRADE IN NSW AND HAVE A TURNOVER OF LESS THAN 2 MILLION?
If so, you may be eligible for a small business stamp duty exemption.
For a policy to be exempt, the insured must be a small business as at the date the business insurance policy is effected or renewed and the insurer must have a small business declaration. If an insurer does not have a small business declaration as at the date the policy is effected or renewed then the policy is liable to duty.
For further details and eligibility requirements please contact your Account Manager or click the following link.