Betting, Lotteries and Sweepstakes

Key requirements

Horse-racing totalisator and sporting-event betting generally use 25% of bets less winnings and GST; commingled horse racing uses the take-out amount less GST. Other totalisator bets, general bets and lotteries use 30% of bets less GST; sweepstakes use 30% of contributions less GST. The page specifies GST at 9/109 of bets less winnings. Submit the statement of receipts, winnings and duty, and pay, by the fifteenth day after the relevant month-end. Late filing can attract composition or prosecution. Preserve the activity breakdown rather than applying one percentage to all receipts.