NSWIn ForceAct
Betting Tax Act 2001
13CLiability to pay point of consumption tax
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#### 13C Liability to pay point of consumption tax
13C Liability to pay point of consumption tax
> > (1) A betting operator is liable to pay tax on the operator’s net NSW wagering revenue for a financial year (point of consumption tax).
>
> > (2) Point of consumption tax is payable in respect of a financial year as follows—
> >
> > > (a) if the net NSW wagering revenue for the financial year is $1,000,000 or less—no tax is payable,
> >
> > > (b) if the net NSW wagering revenue for the financial year is more than $1,000,000—tax is payable at the rate of 15% of the amount by which the net NSW wagering revenue exceeds $1,000,000.
>
> **s 13C:** Ins 2018 No 69, Sch 1 \[4\]. Am 2022 No 32, Sch 1\[8\].