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  • Wine equalisation tax

    Wine equalisation tax (WET) applies to wine manufacturers, wholesalers, and importers. WET is a tax of 29% of the wholesale value of wine. It is only payable if you are registered or required to be registered for GST.

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

    See also:

    How to register for WET

    You can register for WET online through Online services for business:

    • go to Profile, then Tax registrations
    • select Add, then Wine equalisation tax (WET), and complete all mandatory fields and then select next
    • review the information on the screen, then sign the Declaration by ticking the box and selecting submit.

    You can also register for WET:

    How to cancel your registration for WET

    You can cancel your registration for WET:

    • online through an Online services for businessExternal Link message:    
      • go to Profile, then Tax registrations
      • find Wine equalisation tax (WET) in your list of current registrations and select Cancel
      • complete all mandatory fields, then sign the Declaration by ticking the box and selecting submit.
    • through your registered tax agent or BAS agent
    • by phone – if you're an authorised contact for the business, phone our business enquiries line
    • by lodging the Application to cancel registration (NAT 2955) form, which you can order using our online publication ordering service for businessExternal Link.
    Last modified: 12 Apr 2021QC 31794