(1) If the profits from all gaming machines kept in a hotel in a tax year do not exceed $25,000, tax is payable on the profits at the rate of tax rate 1 for the tax year.(2) If the profits from all gaming machines kept in a hotel in a tax year exceed $25,000, but do not exceed $200,000, tax is payable:(a) on $25,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on so much of those profits as exceeds $25,000 at the rate of tax rate 2 for the tax year.(3) If the profits from all gaming machines kept in a hotel in a tax year exceed $200,000, but do not exceed $400,000, tax is payable:(a) on $25,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $175,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on so much of those profits as exceeds $200,000 at the rate of tax rate 3 for the tax year.(4) If the profits from all gaming machines kept in a hotel in a tax year exceed $400,000, but do not exceed $1,000,000, tax is payable:(a) on $25,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $175,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on $200,000 of those profits at the rate of tax rate 3 for the tax year, and(d) on so much of those profits as exceeds $400,000 at the rate of tax rate 4 for the tax year.(5) If the profits from all gaming machines kept in a hotel in a tax year exceed $1,000,000, but do not exceed $5,000,000, tax is payable:(a) on $25,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $175,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on $200,000 of those profits at the rate of tax rate 3 for the tax year, and(d) on $600,000 of those profits at the rate of tax rate 4 for the tax year, and(e) on so much of those profits as exceeds $1,000,000 at the rate of tax rate 5 for the tax year.(6) If the profits from all gaming machines kept in a hotel in a tax year exceed $5,000,000, tax is payable:(a) on $25,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $175,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on $200,000 of those profits at the rate of tax rate 3 for the tax year, and(d) on $600,000 of those profits at the rate of tax rate 4 for the tax year, and(e) on $4,000,000 of those profits at the rate of tax rate 5 for the tax year, and(f) on so much of those profits as exceeds $5,000,000 at the rate of tax rate 6 for the tax year.
13 Instalment rate for hoteliers
(1) If the profits from all gaming machines kept in a hotel in an instalment period do not exceed $6,250, the instalment payable is the amount determined by multiplying those profits by tax rate 1 for the tax year in which the instalment period commences.(2) If the profits from all gaming machines kept in a hotel in an instalment period exceed $6,250, but do not exceed $50,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $6,250 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying the amount by which those profits exceed $6,250 by tax rate 2 for the tax year in which the instalment period commences.(3) If the profits from all gaming machines kept in a hotel in an instalment period exceed $50,000, but do not exceed $100,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $6,250 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $43,750 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying the amount by which those profits exceed $50,000 by tax rate 3 for the tax year in which the instalment period commences.(4) If the profits from all gaming machines kept in a hotel in an instalment period exceed $100,000, but do not exceed $250,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $6,250 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $43,750 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying $50,000 by tax rate 3 for the tax year in which the instalment period commences,(d) the amount determined by multiplying the amount by which those profits exceed $100,000 by tax rate 4 for the tax year in which the instalment period commences.(5) If the profits from all gaming machines kept in a hotel in an instalment period exceed $250,000, but do not exceed $1,250,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $6,250 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $43,750 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying $50,000 by tax rate 3 for the tax year in which the instalment period commences,(d) the amount determined by multiplying $150,000 by tax rate 4 for the tax year in which the instalment period commences,(e) the amount determined by multiplying the amount by which those profits exceed $250,000 by tax rate 5 for the tax year in which the instalment period commences.(6) If the profits from all gaming machines kept in a hotel in an instalment period exceed $1,250,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $6,250 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $43,750 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying $50,000 by tax rate 3 for the tax year in which the instalment period commences,(d) the amount determined by multiplying $150,000 by tax rate 4 for the tax year in which the instalment period commences,(e) the amount determined by multiplying $1,000,000 by tax rate 5 for the tax year in which the instalment period commences,(f) the amount determined by multiplying the amount by which those profits exceed $1,250,000 by tax rate 6 for the tax year in which the instalment period commences.
In this Division:tax rate 1 for a tax year means the rate (expressed as a percentage) specified in column 1 of Table 1 next to the tax year concerned.
tax rate 2 for a tax year means the rate (expressed as a percentage) specified in column 2 of Table 1 next to the tax year concerned.
tax rate 3 for a tax year means the rate (expressed as a percentage) specified in column 3 of Table 1 next to the tax year concerned.
tax rate 4 for a tax year means the rate (expressed as a percentage) specified in column 4 of Table 1 next to the tax year concerned.
tax rate 5 for a tax year means the rate (expressed as a percentage) specified in column 5 of Table 1 next to the tax year concerned.
tax rate 6 for a tax year means the rate (expressed as a percentage) specified in column 6 of Table 1 next to the tax year concerned.
Table 1: Tax rates—hoteliers
Column 1
Column 2
Column 3
Column 4
Column 5
Column 6
Tax year
Tax rate 1 (%) ($0–$25K)
Tax rate 2 (%) (exceeds $25K but not $200K)
Tax rate 3 (%) (exceeds $200K but not $400K)
Tax rate 4 (%) (exceeds $400K but not $1M)
Tax rate 5 (%) (exceeds $1M but not $5M)
Tax rate 6 (%) (exceeds $5M)
2004
5.8
15.8
17.2
26.5
31.5
33.6
2005
5.7
15.7
18.5
27.1
32.1
36.4
2006
5.5
15.5
19.8
27.7
32.7
39.1
2007
5.4
15.4
21.1
28.2
33.2
41.8
2008
5.3
15.3
22.4
28.8
33.8
44.5
2009
5.1
15.1
23.7
29.4
34.4
47.3
2010 and subsequent tax years
5.0
15.0
25.0
30.0
35.0
50.0
Note. See Schedule 2A for arrangements for the 2003 tax year.
14 Annual rate for registered clubs
(1) If the profits from all gaming machines kept on the premises of a registered club in a tax year do not exceed $200,000, no tax is payable on the profits.(2) If the profits from all gaming machines kept on the premises of a registered club in a tax year exceed $200,000, but do not exceed $1,000,000, tax is payable on so much of those profits as exceeds $200,000 at the rate of tax rate 1 for the tax year.(3) If the profits from all gaming machines kept on the premises of a registered club in a tax year exceed $1,000,000, but do not exceed $5,000,000, tax is payable:(a) on $800,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on so much of those profits as exceeds $1,000,000 at the rate of tax rate 2 for the tax year.(4) If the profits from all gaming machines kept on the premises of a registered club in a tax year exceed $5,000,000, but do not exceed $10,000,000, tax is payable:(a) on $800,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $4,000,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on so much of those profits as exceeds $5,000,000 at the rate of tax rate 3 for the tax year.(5) If the profits from all gaming machines kept on the premises of a registered club in a tax year exceed $10,000,000, tax is payable:(a) on $800,000 of those profits at the rate of tax rate 1 for the tax year, and(b) on $4,000,000 of those profits at the rate of tax rate 2 for the tax year, and(c) on $5,000,000 of those profits at the rate of tax rate 3 for the tax year, and(d) on so much of those profits as exceeds $10,000,000 at the rate of tax rate 4 for the tax year.(6) This section is subject to Part 4.
15 Instalment rate for registered clubs
(1) If the profits from all gaming machines kept on the premises of a registered club in an instalment period do not exceed $50,000, no instalment is payable.(2) If the profits from all gaming machines kept on the premises of a registered club in an instalment period exceed $50,000, but do not exceed $250,000, the instalment payable is the amount determined by multiplying the amount by which those profits exceed $50,000 by tax rate 1 for the tax year in which the instalment period commences.(3) If the profits from all gaming machines kept on the premises of a registered club in an instalment period exceed $250,000, but do not exceed $1,250,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $200,000 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying the amount by which those profits exceed $250,000 by tax rate 2 for the tax year in which the instalment period commences.(4) If the profits from all gaming machines kept on the premises of a registered club in an instalment period exceed $1,250,000, but do not exceed $2,500,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $200,000 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $1,000,000 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying the amount by which those profits exceed $1,250,000 by tax rate 3 for the tax year in which the instalment period commences.(5) If the profits from all gaming machines kept on the premises of a registered club in an instalment period exceed $2,500,000, the instalment payable is the sum of the following amounts:(a) the amount determined by multiplying $200,000 by tax rate 1 for the tax year in which the instalment period commences,(b) the amount determined by multiplying $1,000,000 by tax rate 2 for the tax year in which the instalment period commences,(c) the amount determined by multiplying $1,250,000 by tax rate 3 for the tax year in which the instalment period commences,(d) the amount determined by multiplying the amount by which those profits exceed $2,500,000 by tax rate 4 for the tax year in which the instalment period commences.(6) For the purposes of this section, tax rate 2, 3 or 4 for a tax year is the rate that results from reducing by 1.5 the number specified as the tax rate concerned for that year in Table 2.Note. For example, tax rate 2 for an instalment in the 2004 tax year is 16.8 (18.3 minus 1.5). The purpose of the reduction under subsection (6) is to take account of any rebate that may be available under Part 4.(7) Despite anything to the contrary in this section, the remainder of any tax that, under this Division, remains payable in respect of the whole of a tax year is payable at the time of payment of the last instalment for the year.(8) Subsection (7) does not affect any provision of the Taxation Administration Act 1996 or any arrangement that may be entered into under that Act for the payment or compromise of any debt.
15A Tax rates for registered clubs
In this Division:tax rate 1 for a tax year means the rate (expressed as a percentage) specified in column 1 of Table 2 next to the tax year concerned.
tax rate 2 for a tax year means the rate (expressed as a percentage) specified in column 2 of Table 2 next to the tax year concerned.
tax rate 3 for a tax year means the rate (expressed as a percentage) specified in column 3 of Table 2 next to the tax year concerned.
tax rate 4 for a tax year means the rate (expressed as a percentage) specified in column 4 of Table 2 next to the tax year concerned.
Table 2: Tax rates—registered clubs
Column 1
Column 2
Column 3
Column 4
Tax year
Tax rate 1 (%) (exceeds $200K but not $1M)
Tax rate 2 (%) (exceeds $1M but not $5M)
Tax rate 3 (%) (exceeds $5M but not $10M)
Tax rate 4 (%) (exceeds $10M)
2004
10.8
18.3
19.7
20.4
2005
10.7
19.4
22.3
23.7
2006
10.5
20.5
24.8
26.9
2007
10.4
21.6
27.4
30.2
2008
10.3
22.8
29.9
33.5
2009
10.1
23.9
32.5
36.7
2010 and subsequent tax years
10.0
25.0
35.0
40.0
Note. See Schedule 2A for arrangements for the 2003 tax year.