Betting tax rate and threshold
For example, if your TWR equals or exceeds the annual threshold amount during March 2023, you must register for betting tax by 7 April 2023.
Annual threshold amount
The annual threshold amount is $300,000.
Betting tax is applied at the rate of 20% to a betting operator’s TWR that exceeds the annual threshold. The previous rate of 15% applied up to 30 November 2022.