Betting tax rate and threshold
The betting tax rate is applied to the taxable wagering revenue that exceeds the annual threshold. See the current rate and threshold.
For example, if your TWR equals or exceeds the annual threshold amount during March 2025, you must register for betting tax by 7 April 2025.
Annual threshold amount
The annual threshold amount is $300,000.
Tax rate
Betting tax is applied at the rate of 20% to a betting operator’s TWR that exceeds the annual threshold.
Also consider…
- Read the Betting Tax Act 2018.
- Find out how to lodge betting tax returns.