As a betting service provider, you should monitor your wagering revenue and register for point of consumption tax within seven days after the month your net NSW wagering revenue exceeds the annual threshold.
To register as a client, you will need to give us information about your business including:
If your business is a trust, you must enter the trust's and trustee's ABN.
Once you are registered for point of consumption tax, you can use our online services to:
You may need to cancel your registration if:
To cancel your registration, complete a ‘Cancellation of registration’ form, which contains a reconciliation of your net NSW wagering revenue for the financial year to date. If your reconciliation results in an adjustment of tax, a notice of assessment will be issued.
If you have ceased to be a betting service provider you must contact us to cancel your registration.