Wine equalisation tax (WET)

Wine equalisation tax (WET) applies to wine manufacturers, wholesalers, and importers.

WET is a tax based on the value of wine. WET applies at 29% of the value of the wine at the last wholesale sale (before adding GST).

Retailers do not have a WET liability unless they make wholesale sales or bottle their own wine. They are not entitled to a credit for WET.

If you operate a business that imports or sells wines, you will need an ABN and be registered for GST and WET.

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Last modified: 11 May 2015QC 31794