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Wine equalisation tax

Wine equalisation tax mistakes can normally be corrected on a current business activity statement.

Last updated 26 October 2016

If you've made a mistake in reporting on your wine equalisation tax (WET) obligations, you may be able to correct it on your current activity statement unless you are subject to a compliance activity or the mistake resulted from the reckless or intentional disregard of the law.

The need for an adjustment doesn't arise with WET.

See also