There are a couple of taxes that we include in your price, so you don’t have to worry about any hidden charges. These are:
1. GST: national tax on goods and services of 10%
2. Stamp Duty: between 0% and 9% depending on the type of insurance you’re taking out, your revenue and the state that your business operates out of. For example, in NSW there is a Small Business Stamp Duty Exemption for Public Liability insurance policies.
3. ESL (Emergency Services Levy): is a charge on property insurance.