Registering for betting tax

As a betting operator, you must register for betting tax with the Office of State Revenue if your taxable wagering revenue equals or exceeds the annual threshold amount.

You must register at the end of the first month in which your taxable wagering revenue (TWR) exceeds the threshold amount.

For example, if your TWR equals or exceeds the annual threshold amount during October 2018, you must register for betting tax by 7 November 2018. Or if your TWR equals or exceeds the annual threshold amount during January 2019, you would register by 7 February 2019.

Annual threshold amount

The annual threshold amount for the 2018–19 financial year is $225,000 because the first financial year is not a full year. An annual threshold amount of $300,000 will apply for future financial years.

Tax rate

Betting tax is applied at the rate of 15% to a betting operator’s TWR that exceeds the annual threshold amount.

More information

Read the Betting Tax Act 2018 and explanatory notes for more information.

You can email bettingtax@treasury.qld.gov.au or call 1300 300 734 if you have any questions.

If you need specific information about how the betting tax will affect your business, you should seek your own legal advice.

Contact

Office of State Revenue

  • Call 1300 300 734 (Australia) or
    +61 7 3179 2500 (overseas)
  • Send an email using our online enquiry form.