Breakdown of calculations
Taxable wholesale value$50,000
WET before rebate$14,500
Producer rebate input$0
WET estimate$14,500
Wine businesses and accountants
Wine Equalisation Tax Calculator
Estimate Australian wine equalisation tax from wholesale value and WET rate assumptions.
Plain-English explanation
Estimate WET by applying the WET rate to the taxable value of assessable wine dealings.
Assumptions are adjustable where practical. The calculator does not determine eligibility, residency, grouping, exemptions, anti-avoidance rules or every offset.
Tax payable
$14,500
Effective tax rateEffective tax rate is the estimated tax payable divided by the taxable base for this calculator. It shows the average rate across the amount being taxed, not the rate on your next dollar. Refunds and credits are shown as 0%.
29.0%
Marginal tax rate
30.0%
Tax savings / credits
$0
Supporting assumptions
- 29% WET rate
- Eligibility for rebates not assessed
Formula used
WET estimate = taxable wholesale value x 29%.
Worked example
A wholesale taxable value of $50,000 produces an estimated WET amount of $14,500 before credits or rebates.
ATO and revenue guidance
FAQs
Does this include the producer rebate?
It includes an adjustable rebate input, but eligibility and rebate calculations need specific review.
Is WET calculated on retail price?
WET commonly uses a taxable value based on wholesale dealings or alternative calculation methods.
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