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Lodge your return

You must lodge a return for the point of consumption tax and pay within 21 days after the end of each month.

Lodge your return

You can submit a return using our online services.

  • To log in, use your client ID and correspondence ID from your most recent correspondence from us.
  • Each correspondence ID is only valid for 12 months.

Your monthly return will require you to enter your net NSW taxable wagering revenue.

  • This is your net NSW wagering revenue less the threshold entitlement.
  • You must still lodge a return each month even if the tax payable is zero.

Your June return will be used as a reconciliation to recalculate your annual liability.

  • You must enter the amounts used to calculate your net NSW wagering revenue for the annual period.

If you calculate negative revenue for a month after exceeding the threshold, you must lodge a nil return for this month.

  • Your annual reconciliation will give you the opportunity to make an adjustment of this credit in the June return period.
  • If your reconciliation results in an overpayment of tax, a refund will be paid to you.

If you have made an error in your monthly return that affects your liability throughout the year, we will reassess your liability.

  • Contact us to explain the error so that we can process a reassessment.

Applying the threshold

When preparing your return you will need to calculate your taxable net wagering revenue as follows:

  1. calculate your net wagering revenue
  2. deduct the threshold entitlement for the financial year.

The point of consumption tax is charged at 10 per cent of your taxable net wagering revenue.

Applying the threshold: refund on a $500,000 threshold

Monthly return for the period 1 January 2019 to 30 June 2019

In this example the point of consumption tax is introduced mid-way through a financial year and the threshold is $500,000.

The June (annual) return results in a refund to the betting service provider.

Month NWR* for month NWR year to date Threshold balance Taxable NWR for month Tax payable for month @ 10%
Threshold entitlement for period $500,000   
January $250,000 $250,000 $250,000 Nil Nil
February - $50,000 $200,000 $300,000 Nil Nil
March $350,000 $550,000 Nil $50,000 $5,000
April $250,000 $800,000 Nil $250,000 $25,000
May - $50,000 $750,000 Nil Nil Nil

June (annual) return for the period 1 January 2019 to 30 June 2019

NWR for June NWR for period Threshold for period Taxable NWR for year Tax for period @ 10% Less payments
(July to May)		 Adjusted tax
-$10,000 $740,000 $500,000 $240,000 $24,000 $30,000 $6,000 refund

* NWR is net wagering revenue

Applying the threshold: tax payable on a $1,000,000 threshold

Monthly return for the period 1 July 2019 to 30 June 2020

In this example the full financial year threshold is $1,000,000.

The June (annual) return results in tax payable by the betting service provider.

Month NWR* for month NWR year to date Threshold balance Taxable NWR              for month Tax payable for month  @ 10%
Threshold entitlement for year $1,000,000   
July $400,000 $400,000 $600,000 Nil Nil
August - $100,000 $300,000 $700,000 Nil Nil
September $300,000 $600,000 $400,000 Nil Nil
October $450,000 $1,050,000 Nil $50,000 $5,000
November $1,500,000 $2,550,000 Nil $1,500,000 $150,000
December $475,000 $3,025,000 Nil $475,000 $47,500
January $350,000 $3,375,000 Nil $350,000 $35,000
February - $200,000 $3,175,000 Nil Nil Nil
March $275,000 $3,450,000 Nil $275,000 $27,500
April $250,000 $3,700,000 Nil $250,000 $25,000
May - $25,000 $3,675,000 Nil Nil Nil

June (annual) return for the period 1 July 2019 to 30 June 2020

NWR for June NWR for year Threshold for year Taxable NWR for year Tax for year @ 10% Less payments
(July to May)		 Adjusted tax
$475,000 $4,150,000 $1,000,000 $3,150,000 $315,000 $290,000 $25,000 payable

*NWR is net wagering revenue

Tax offset to totalizator

Betting tax and tax parity industry funding arrangements payable by the totalizator licensee (TAB Limited) will continue following the introduction of point of consumption tax.

The totalizator licensee can offset their betting tax paid against their point of consumption tax liability.

Record keeping

Betting service providers must keep all records necessary to accurately assess their point of consumption tax liability for at least 5 years.

Liquor and Gaming NSW:

  • will conduct compliance audits and
  • may request that a betting service providers to supply written or electronic records and documents to determine whether the betting service provider is compliant with its tax obligations.

More information

If you can't find an answer to your questions about point of consumption tax on this website: