Australia has the highest rates of taxation on insurance in the word, particularly in New South Wales, Victoria and Tasmania. In Victoria for instance, for every $100 premium you pay over $80 more in Taxation, $14 tax on tax. To see how your state compares to the rest of the world or to learn more click here.
No tax on insurance is a not for profit web service offered to Australian residents only to alert them to the high tax rates applicable to some insurance covers in some States.
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