You must reduce the amount of rebate you claim by earlier rebates the other producers are entitled to claim (whether or not the previous entitlement was actually claimed) if you:
- blend or further manufacture 2017 and earlier vintage wine (more than 50% of the grapes used to make the wine were crushed before 1 January 2018) using wine bought from another producer
- sell the wine before 1 July 2023
- are eligible to claim the producer rebate.
You don't have to take earlier producer rebate claims into account if:
- the wine was acquired before 10 December 2012, even if it was blended or further manufactured after that date
- the wine is 2018 and later vintage wine (more than 50% of the grapes used to make the wine were crushed from 1 January 2018).
The way you calculate the reduction to your rebate depends on whether you:
Specific rules apply for earlier producer rebate amounts you must claim for fortified wine.
A supplier can notify you of the amount of rebate the producer of the purchased wine is entitled to claim. You need to reduce your producer rebate claim by this amount.
Approved forms of notification include:
- information added to a tax invoice
- a letter.
The notification must contain all of the following:
- the name and ABN of the wine supplier or, if they are a New Zealand wine producer, their name and address and if applicable their company number
- the name and ABN of the wine recipient
- a description of the wine being supplied (including the quantity and price)
- the date the wine was supplied
- sufficient information to identify the relevant tax invoice – for example, the tax invoice number
- and either the
- amount of rebate the producer of the wine has claimed or is entitled to claim for the wine, or
- notification that the producer of the wine that is being supplied is not entitled to claim a rebate for the wine.
If the supplier notifies you in the approved form that the producer of wine is not entitled to the rebate for the wine sold to you for blending or further manufacture, you can claim the full amount of rebate for the wine.
If you don't receive a notification of earlier rebate, you must reduce your claim by 29% of the purchase price (excluding GST) of the wine.
If you purchase wine from a New Zealand producer and they don't provide you with a notification, you must reduce your claim by 29% of the approved selling price of the wine. The approved selling price is the price for which the wine was sold by the New Zealand producer, minus any expenses unrelated to the production of the wine. These expenses include transport, freight and insurance, agent's fees and New Zealand or Australian taxes or duties.
- Producer rebate
- WETR 2006/1 Wine equalisation tax: the operation of the producer rebate for producers of wine in New Zealand (paragraphs 92A to 92P, 113A to 113G and Appendix F)
- WETR 2009/2 Wine equalisation tax: operation of the producer rebate for other than New Zealand participants (paragraphs 65A to 65AF, 68A and Appendices B and C)