Registering for betting tax

As a betting operator, you must register for betting tax with the Office of State Revenue at the end of the first month that your taxable wagering revenue (TWR) equals or exceeds the annual threshold amount.

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

Annual threshold amount

The annual threshold amount is $300,000.

For the 2018–19 financial year, the threshold was $225,000 because the first financial year was not a full year.

Tax rate

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

Also consider...

Contact

Office of State Revenue

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