Duties and levies: Cheque duty
Cheque duty refunds
Cheque duty may be refunded on duty paid by licensed printers and temporary licencees.
Refunds may be made on cheques that have become unusable or cancelled before use. You may destroy these cheques and apply for a refund for the cheque duty already paid. Please do not send any unusable or cancelled cheques to us.
Applying for the reund
You need to apply in writing to the Duties Unit for a refund. Please include:
- your licence number
- number of cheques included in the refund
- total value of duty paid on the cheques
- sequence number for the cheques
- a declaration signed by an authorised person certifying that all cheques have been destroyed.
Banks can claim a refund for cheque duty paid on the Commuted duty on cheques and other bills of exchange (IR193) return as a deduction from the quarterly payment.
Rate of refund
Cheques printed under licences receive a five cents refund. The minimum refund is $1.
Date published: 13 Oct 2011
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