Annual returns for betting tax

The annual betting tax return breaks down your past year's taxable wagering reveneue (TWR) and is used to calculate your annual liability.

You must lodge your annual return not later than 21 days after the end of the financial year and pay any outstanding amounts.

You cannot lodge your annual return until all your monthly returns for the financial year have been submitted. You must include any TWR for the June period in the annual return - you do not need to lodge a separate monthly June return.

If you have overpaid betting tax for the year, we will apply the amount to other outstanding liabilities you may have and refund any remaining amount.

You must keep copies of your annual returns and all supporting documentation for at least 5 years.

Example

If you are a relevant betting operator for the purposes of the betting tax during the 2018-19 financial year, you must lodge an annual return by Monday, 22 July 2019.