Wine Equalisation Tax (WET)

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Wine Equalisation Tax (WET)

Our Wine Equalisation Tax (WET) is a complex tax that is applied at a high rate to a large number of transactions.

Wine equalisation tax (WET) is a complex tax that is applied at a high rate to a large number of transactions. A small WET overpayment on each transaction can translate into a big WET overpayment.

Deloitte is the market leader in wine industry issues. We’ve been involved with the wine industry for decades, and we understand the industry’s issues. We are one of the only firms in the market with in-depth WET expertise. We have a strong track record of working closely with wineries to deliver bottom line benefits. We also assist wine wholesalers and importers manage their WET obligations.

Our WET specialists can help you review the way you apply WET, identify opportunities that improve your margin on sales and leave more cash in your wine business.

Wine Equalisation Tax

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Gary Funston

Gary Funston

Partner, Tax

Gary Funston is a partner with Deloitte Australia’s Indirect Tax practice, and leads a team of indirect tax specialists based in Melbourne. Gary has over 25 years' experience consulting on indirect ta... More