WET Rebate Update

Tuesday, Nov 28, 2017

The Wine Equalisation Tax (WET) legislation changes were agreed by the Australian Parliament on 17 August 2017.

They are now law, known as theTreasury Laws Amendment (2017 Measure No.4) Act 2017.

Winemakers who currently access the rebate, or sell grapes to a wine producer who receives the rebate, will need to understand the implications of the changes.

ATO Support for Australian winemakers who plan to claim the WET Rebate is available via the following links:

Download ATO Presentation

Download WET Rebate Eligibility Flow Chart

Download WET Rebate Changes - Start Dates Transitional Arrangements Nov 17

 

WFA are hosting a WET Rebate Changes Webinar on Wednesday 13 December at 12.30pm CDST.  Please follow the below link to register:

https://winecommunicators.com.au/event/webinar-heads-of-market-export-update-2/

 

Follow this link to the ATO WET Rebate Webpage for more information: https://www.ato.gov.au/Business/Wine-equalisation-tax/

New Measures Guidance Email address: wetnewmeasures@ato.gov.au

General WET Guidance Email address: wettechadvice@ato.gov.au