Australia is by far and away the most heavily taxed country in the world when it comes to insurance. For example, residents in California, which has the highest incidence of fire in the world pay 2.4% tax. In Rural Victoria it is over 135.95%. for business. That is 68 TIMES MORE!
It is a completely inappropriate and unjust method of taxation to fund the fire and civil defence authorities. The entire community benefits and so it is only reasonable that we all pay equitably.
Please take a few minutes to navigate around the site, go to the chart page and see just how much you are paying in your state and the tax on tax effect of insurance. Go to the Fact or Furphy section and learn the truths and myths that surround this topic.
To read further, see a discussion paper on 'What you need to know about taxes on insurance'.
We encourage you to register your support for the "No tax on insurance" initiative by listing your name on our electronic petition. Thank you for your support.
Download a flyer to send out with your renewal for your Victorian based Insureds!