If you hold a mining lease or mining sublease, you must lodge returns and pay royalty on the minerals that are recovered from the mining lease area.
Royalty returns are lodged to Revenue NSW through Royalty Online Services.
The lodgement period and the return and payment due dates for royalties are set out below.
|Description||Lodgement period||Return and payment due|
|Royalty returns for minerals (other than coal)||1 July to 30 June||On or before 31 July|
|If you pay more than $50,000 in royalty for any 12 month period ending 30 June, you will then be required to commence quarterly lodgements||1 July to 30 September||On or before 31 October|
|1 October to 31 December||On or before 31 January|
|1 January to 31 March||On or before 30 April|
|1 April to 30 June||On or before 31 July|
The Guidelines for Compliance (Ad valorem royalty) issued by the Department of Planning and Environment details what you need to include in your royalty return.
Royalty rates are determined by whether the mineral appears in Schedule 6 of the Mining Regulation 2016 and are applied at the following rates.
|Minerals that appear in Schedule 6 of the Mining Regulation 2016||Rate per tonne|
|Minerals that do not appear in Schedule 6 of the Mining Regulation 2016||4 per cent of the value of the mineral recovered|
For each mineral that appears in Schedule 6 of the Mining Regulation 2016:
|agricultural lime||$0.35 per tonne|
|barite||$0.70 per tonne|
|bauxite||$0.35 per tonne|
|bentonite (including fuller’s earth)||$0.70 per tonne|
|borates||$0.70 per tonne|
|calcite||$0.40 per tonne|
|chert||$0.35 per tonne|
|chlorite||$0.70 per tonne|
|clay/shale||$0.35 per tonne|
|diatomite||$0.70 per tonne|
|dimension stone||$0.70 per tonne|
|dolomite||$0.40 per tonne|
|feldspathic materials||$0.70 per tonne|
|fluorite||$0.70 per tonne|
|gypsum||$0.35 per tonne|
|halite (including solar salt)||$0.40 per tonne|
|kaolin||$0.70 per tonne|
|limestone (other than agricultural lime)||$0.40 per tonne|
|magnesite||$0.70 per tonne|
|magnesium salts||$0.40 per tonne|
|marble||$0.70 per tonne|
|mica||$0.70 per tonne|
|mineral pigments||$0.70 per tonne|
|olivine||$0.70 per tonne|
|peat||$0.70 per tonne|
|perlite||$0.70 per tonne|
|phosphates||$0.70 per tonne|
|potassium minerals||$0.70 per tonne|
|potassium salts||$0.40 per tonne|
|pyrophyllite||$0.70 per tonne|
|quartzite||$0.70 per tonne|
|reef quartz||$0.70 per tonne|
|serpentine||$0.70 per tonne|
|sillimanite-group minerals||$0.70 per tonne|
|sodium salts||$0.40 per tonne|
|staurolite||$0.70 per tonne|
|structural clay||$0.35 per tonne|
|talc||$0.70 per tonne|
|vermiculite||$0.70 per tonne|
|wollastonite||$0.70 per tonne|
|zeolites||$0.70 per tonne|
The Guidelines for Compliance (Ad valorem royalty) issued by the Department of Planning and Environment, Resources and Geoscience provides details of how to calculate the value of minerals recovered and the royalty payable.
Royalty is payable on the following minerals at the rate of 4% of the value of the mineral recovered.
|A to D||agate, antimony, apatite, arsenic, asbestos, beryllium minerals, bismuth, cadmium, caesium, chalcedony, chromite, cobalt, copper, corundum, cryolite, diamond|
|E to I||emerald, emery, galena, garnet, geothermal energy, germanium, gold, graphite, ilmenite, indium, iron minerals|
|J to O||jade, lead, leucoxene, lithium, manganese, marine aggregate, mercury, molybdenite, monazite, nephrite, nickel, niobium, oil shale, opal, ores of silicon|
|P to S||platinum, platinum group minerals, quartz crystal, rare earth minerals, rhodonite, rubidium, ruby, rutile, sapphire, scandium and its ores, selenium, silver, strontium minerals, sulphur|
|T to Z||tantalum, thorium, tin, topaz, tourmaline, tungsten and its ores, turquoise, uranium, vanadium, zinc, zircon, zirconia|
Schedule 6 minerals
Minerals (other than coal) that do not appear on Schedule 6
An application for an exemption from royalty must be made to the Minister of Resources by the holder of the mining lease in accordance with the Mining Act 1992 section 287.
An application for exemption may be made if:
If the royalty period was three months (March, April and May), this would equate to 92 days.
A tax default occurs if royalty is not paid by the due date. When tax defaults occur, interest and penalties are applied.
If you cannot pay your royalty by the due date, please contact Tax debt management.