Once you are approved as a New Zealand participant, you can claim your rebate after the end of the financial year (1 July to 30 June) in which both of the following occurred:
- the wine was exported to Australia
- WET was paid.
You must make your claim within 4 years from when you became entitled to your rebate.
Your claim must total at least A$200. You can aggregate claims to reach the A$200 minimum.
For the financial year ending 30 June 2018, the maximum rebate you can claim is A$500,000. From 1 July 2018, the maximum rebate you can claim for a financial year is A$350,000.
If you are an associated producer of one or more other producers (they may include Australian producers and New Zealand producers), the maximum rebate amount you can claim each financial year applies to the group of associated producers. If you are unsure whether you are an associated producer, contact New Zealand Inland Revenue on 0800 377 774.
The New Zealand wine producer rebate is assessable income for New Zealand income tax purposes. You must report it on your New Zealand tax return in the income year in which you receive it.
Next steps
- Application for payment of wine equalisation tax rebate by an approved New Zealand participant
- Wine equalisation producer rebate calculation sheet for New Zealand wine producers (PDF 620KB)This link will download a file
Supporting documents to show that WET has been paid
You must provide supporting documents, based on your circumstances, showing:
- you produced wine in New Zealand
- the wine was exported to Australia
- WET was paid on the wine.
Wine sold to an Australian importer
If you sell wine to an Australian importer, you should provide each of the following:
- your New Zealand sales invoices
- New Zealand Customs export entries to show the wine is exported from New Zealand
- Australian Customs import entry numbers to show the wine is imported into Australia
- documents to show that WET has been charged or included in a dealing with wine, such as:
- Australian tax invoices
- a wholesalers' statement
- an Australian Customs import entry or entry number if wine was taxed on importation
- a worksheet showing how you calculated the rebate claim.
Wine sold to a person in New Zealand who sells to an Australian importer
If you sell wine to a person in New Zealand who sells wine to an Australian importer, you should provide each of the following:
- your New Zealand sales invoices
- New Zealand sales invoices for sales of wine by the other entity to the Australian importer
- New Zealand Customs export entries to show the wine has been exported from New Zealand
- Australian Customs import entry numbers to show the wine has been imported to Australia
- documents to show that WET has been charged or included in a dealing with wine, such as
- Australian tax invoices
- a wholesalers' statement
- an Australian Customs import entry or entry number if the wine was taxed on importation
- a worksheet showing how you calculated the rebate claim.
Wine imported into Australia and sold in Australia
If you import wine into Australia and sell it in Australia, you should provide each of the following:
- New Zealand Customs export entries to show the wine has been exported from New Zealand
- Australian Customs import entry numbers to show the wine has been imported to Australia
- documents to show that WET has been charged or included in a dealing, including either
- Australian tax invoices
- an Australian Customs import entry or entry number if the wine was taxed at importation
- a worksheet showing how you calculated the rebate claim.
Wine sold by an Australian distributor
If you are claiming the rebate for wineExternal Link sold by an Australian distributor, you should provide additional documents if the:
- distributor is not the importer
- distributor has paid WET on the wine
- wine was not subject to WET prior to the sale by the distributor.
The additional documents need to include:
- the distributor's purchase invoice
- documents to show that WET has been charged, including either
- the distributor's Australian tax invoices
- a wholesaler's statement from the distributor.