Duty relief for motor vehicles
The NSW Government will provide stamp duty relief on the replacement of motor vehicles written off due to storms in the Hunter and Central Coast in June 2007. Those eligible will receive a refund on the duty paid on the replacement vehicle.
Conditions
Refunds will only be made where the written off vehicle being replaced was comprehensively insured and the insurance does not cover stamp duty for a replacement vehicle.
The amount of duty refunded will be the duty payable on the lower of:
- the cost of the replacement vehicle, or
- the value of the insurance payment for the vehicle written off.
Relief will not be available for cars written off that were not comprehensively insured.
Requests for refunds
Following payment of the stamp duty on the replacement vehicle applicants must:
complete the duty relief application form ODA050, and
submit the application form to the Office of State Revenue together with:
- a settlement letter from the relevant insurance company and
- evidence of the cost of the replacement vehicle and
- evidence of payment of stamp duty on the replacement vehicle.
Refund claims will be processed within four days of receipt of all the required information and documentation.
For further information, call the 1300 556 814 hotline. (8:30am to 5:00pm)
More information
