Betting tax rate and threshold

As a betting operator, you must register for betting tax with us 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 March 2024, you must register for betting tax by 7 April 2024.

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. The previous rate of 15% applied up to 30 November 2022.

Also consider…

• Read the Betting Tax Act 2018.
• Find out how to lodge betting tax returns.