This affects everyone who pays CTP insurance. You will need to pay either CTP premiums with ITCE or without ITCE.

The Compulsory Third Party Insurance information sheet included with your registration renewal notice will indicate the premium being charged - 'ITCE' or 'non-ITCE' (that is Input Tax Credit Entitlement or non-Input Tax Credit Entitlement).

Premiums for vehicles used exclusively for private use are classed as 'non- ITCE'. This has been determined from your registration records. If you are a GST registered entity (or you complete a Business Activity Statement) you may have an ITCE for the GST portion based on the business use of your vehicle.

Check with your accountant, financial advisor, or tax agent if you are unsure of your entitlement.

If your entitlement on the CTP Insurance information sheet is correct, you can pay your registration renewal. If it is incorrect, contact Queensland Transport to change your details before you pay your registration renewal. You can change your entitlement and make a payment at the same time when paying your registration via the Internet. If you are paying your registration through Australia Post or by BPAY, you must make any changes to your entitlement details with Queensland Transport first. If you have any concerns that you have paid an incorrect premium, contact your CTP insurer immediately.

The higher premium required from a GST registered entity will essentially be offset by the entity's ability to claim an Input Tax Credit (ITC). Based on the approximate seven per cent increase in the premium rate for GST registered entities, premiums after claiming the ITC may be marginally less than premiums applying to non-ITCE.

If you paid directly to Queensland Transport, they will issue a tax invoice on behalf of your CTP insurer. If you paid directly to the insurer, the insurer will issue the tax invoice.

If your entitlement changes after you have paid the correct premium, your policy will not be affected. However, you must advise Queensland Transport of changes to your entitlement as they occur, to ensure your next registration renewal is correct.