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Wine equalisation tax rebate

5 April 2017 | Exposure Draft

The Government has released exposure draft legislation and associated explanatory material that would amend the A New Tax System (Wine Equalisation Tax) Act 1999 to give effect to the reforms to the wine equalisation tax (WET) rebate announced on 2 December 2016.

The purpose of consultation is to seek industry views on the implementation details of the changes to the WET rebate as set out in the exposure draft legislation and explanatory material.

From 1 July 2018, eligible producers will be required to own at least 85 per cent of the grapes used to make the wine throughout the winemaking process. The rebate will be limited to wine branded with a registered trademark, and packaged in a container not exceeding five litres for domestic retail sale. In addition, wine producers will need to better link their rebate claims to the wine tax being paid. The WET rebate cap will also be reduced from $500,000 to $350,000 from 1 July 2018.

Making a Submission

Interested parties are invited to comment on the exposure draft legislation.

While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.

Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Friday, 28 April 2017

Address written submissions to:

Indirect Tax and Not-for-profit Unit
Individuals and Indirect Tax Division
The Treasury
Langton Crescent

For enquiries please call David Pullen +61 2 6263 3941.

Key Documents

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