Tax Rate
3.00%
Filing Frequency
quarterly
Tax Period Ending Due Date 12/31/2025 2/2/2026 3/31/2026 4/30/2026 6/30/2026 7/31/2026 9/30/2026 11/2/2026 12/31/2026 2/1/2027
Filing Method
portal
Format: ACH Payment
Requirements
Vermont does not maintain an eligible surplus lines insurers list. NRRA eligibility standards apply: US-domiciled insurers must be authorized in their home state with minimum capital/surplus of $15 million; alien insurers must be on NAIC Quarterly Listing of Alien Insurers. Brokers must endorse policies with required information and disclaimer language.
Filing Methods
- ACH Credit Payment
- Online Portal
- https://myvtax.vermont.gov/
Filing Steps
- 1Policy Stamping: Broker must endorse policy and confirmation with name, address, license number, and producer information
- 2Required Disclaimer (10-point boldface): "The company issuing this policy has not been licensed by the state of Vermont and the rates charged have not been approved by the commissioner of insurance. Any default on the part of the insurer is not covered by the Vermont Insurance Guaranty Association."
- 3ACH Payment: Use Tax Type Code SLT (07103), Taxpayer ID Prefix "SLT", Tax Period End Date format YYMMDD
- 4Bank Details: M&T Bank, Routing 022000046, Address: 112 State St., Montpelier, VT 05601
- 5Tax Amount Type: T (return/estimated), B (statement of account), X (extension), S (health care contribution)
Required Forms
- Quarterly Tax Return via ACH
Common Issues to Avoid
- Incorrect ACH payment format - must follow specific format requirements
- Missing policy stamping disclaimer language
- Confusion about eligible insurers - Vermont does not maintain a list
- Filing period formatted incorrectly. The format is YYMMDD. Do not use the tax due date.
- Taxpayer ID formatted incorrectly. The ID is the 11-character tax account number issued by the Vermont Department of Taxes, but we will accept the other Taxpayer ID types as shown below. We cannot accept any other ID number. Do not use dashes in the account number.
Helpful Tips
- Vermont uses NRRA standards exclusively for insurer eligibility
- No diligent search or export list requirements
- ACH payment is the primary method - use Publication GB-1104 as guide
- Surplus lines carriers may exclude punitive damages per Bulletin 134
- Marine and aviation risks are exempt from surplus lines regulation
Important Notes
Vermont allows domestic surplus lines insurers. Industrial insured exemption and NRRA exempt commercial purchaser exemption recognized. Bulletin 134 allows surplus lines carriers to exclude punitive damages from policies.
**Payment Method:** ACH credit only (code 07103)
**Required Stamping:** "The company issuing this policy has not been licensed by the state of Vermont and the rates charged have not been approved by the commissioner of insurance. Any default on the part of the insurer is not covered by the Vermont Insurance Guaranty Association."
**Broker Endorsement:** Name, address, license number, and producer information must be on policy exterior
Frequently Asked Questions
What is the surplus lines tax rate in Vermont?
The surplus lines tax rate in Vermont is 3.00%.
When is surplus lines tax due in Vermont?
Tax Period Ending Due Date 12/31/2025 2/2/2026 3/31/2026 4/30/2026 6/30/2026 7/31/2026 9/30/2026 11/2/2026 12/31/2026 2/1/2027
How do I submit surplus lines filings in Vermont?
portal