Wine equalisation tax payable gap

Wine equalisation tax (WET) has two components – a tax payable component and a producer rebate component. We have measured the WET payable gap, and the WET producer rebate will be measured in future iterations.

Key findings

  • The WET payable gap in 2012–13 is estimated to be $35 million or 3.3% of theoretical WET payable.
  • The gross WET payable gap is estimated to be 3.9%.
    Last modified: 05 Nov 2015QC 47163