On 1 January 2019, the NSW Government introduced a Point of Consumption (PoC) tax, a 10 percent tax on all wagers placed by NSW residents, regardless of the location of the wagering operator.

When the PoC tax was introduced, the NSW Government announced that NSW Treasury will undertake a review of all aspects of the PoC tax after 18 months of operation. The review will take account of:

  • the PoC tax rate and threshold,
  • existing wagering tax arrangements,
  • racing industry funding arrangements implemented at the time of the PoC tax introduction,
  • impacts on the wagering and racing industries; and
  • any other policy or administrative issues associated with the PoC tax.

This consultation paper forms the first step in this review. It is expected that the Government will finalise the review by July 2021.

 

Public submissions

Stakeholders were invited to comment or provide feedback on the issues outlined in this paper by submitting a written response to [email protected].

Submissions were due by 24 March 2021.

Submissions for this consultation have now closed. The list of submissions received is as follows:

 

2018 Point of Consultation Tax Consultation Paper

In 2018, prior to the introduction of the Point of Consumption tax, the Government released a discussion paper and undertook a public consultation process. The discussion paper and related submissions can be accessed here.

 

Additional information

For further details see the Point of Consumption (PoC) tax on wagering factsheet.

To read the media releases, see:

Last updated: 12/05/2021