Point of Consumption Tax

From 1 January 2019, the Victorian Government will replace the current wagering and betting tax structures with a point of consumption wagering and betting tax (POCT). The POCT will apply at a rate of 8 per cent of the net wagering revenue derived from all wagering and betting activity by customers located in Victoria.

 

Industry stakeholder consultations

On 24 March 2017, the Council on Federal Financial Relations agreed to consider a common national approach on examining a point of consumption wagering taxation, having regard to the South Australian model.

Under a point of consumption wagering tax, operators pay tax to the jurisdictions where the customers are located, no matter where the operator is located.

The Victorian Government engaged with key industry stakeholders on the design considerations and potential industry impacts associated with a point of consumption tax. The consultation period closed in August 2017. 

Reviewed 16/05/2018
Was this page helpful?