Betting tax due dates and late lodgement
Monthly returns and payments are due 21 days after the end of the month. If a due date is on a weekend or a public holiday, the due date is the next business day.
Annual returns and payments are due 21 days after the end of the financial year.
Final returns must be lodged no later than 21 days after you have a change of status.
To help you meet your betting tax obligations, the following table sets out the specific dates for lodging and paying your upcoming betting tax monthly and annual returns.
|Due date||Return period|
|21 January 2021||December 2020 monthly return|
|22 February 2021||January 2021 monthly return|
|22 March 2021||February 2021 monthly return|
|21 April 2021||March 2021 monthly return|
|21 May 2021||April 2021 monthly return|
|21 June 2021||May 2021 monthly return|
|21 July 2021||2020-21 annual return|
|23 August 2021||July 2021 monthly return|
|21 September 2021||August 2021 monthly return|
|21 October 2021||September 2021 monthly return|
|22 November 2021||October 2021 monthly return|
|21 December 2021||November 2021 monthly return|
Late lodgement of returns
If we issue you with a default assessment notice because you did not lodge a periodic, annual or final return by the due date, you will be charged penalty tax (75% of the betting tax). This is in addition to your existing betting tax liability.
Penalty tax may increase by up to 20% in certain circumstances.
Penalty tax may be remitted in some instances. Read the public ruling on penalty tax (TAA060.2) for more information.