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  • Wine equalisation tax gap

    In this document, you'll find information about estimating the wine equalisation tax (WET) gap. This gap forms a part of our overall tax performance program.

    WET is paid on wine and selected products (such as cider, perry, mead and sake) consumed in Australia, and applies either:

    • at the last wholesale sale to a retailer
    • to direct sales from wine producers to consumers.

    The WET system includes a producer rebate scheme which entitles the producers of wine and selected products to a rebate of up to $350,000 per financial year. This effectively makes the first $1.2 million of domestic wholesale sales exempt from WET.

    The maximum producer rebate was reduced from $500,000 to $350,000 from the 2018–19 financial year.

    For the 2017–18 year we estimate a net WET gap of 3.1% or $27 million. In other words, around 97% of the total theoretical tax liability was paid in 2017–18.

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      Last modified: 19 Oct 2020QC 57167