Legislative Assembly for the ACT: 2018 Week 7 Hansard (2 August) . . Page.. 2586 ..
The ACT bill is based largely on South Australian and Queensland legislation. It establishes that the new tax will be payable by betting operators that accept bets from, or provide services to, people located in the ACT, regardless of where the operator may be based.
The tax is calculated at an initial rate of 15 per cent on the net wagering revenue of an operator for a financial year in excess of a tax-free threshold. The wagering revenue means the value of bets placed in the ACT, less the operator's payouts to customers. Smaller operators, such as on-course bookmakers at territory racing events, are not expected to be liable for the tax because of the operation of the tax-free threshold of $150,000.
Betting operators who are liable for the tax must register with the ACT revenue office and lodge monthly and annual returns. The bill also amends the Taxation Administration Act 1999 so that general tax administration and enforcement provisions of that act will apply.
This bill introduces legislation in keeping with the approach taken by other jurisdictions. It taxes betting operators that are not already caught by the current gaming and racing legislation, and it brings back within the ACT stronger capacities to meet the social costs of gambling that are incurred here in Canberra. I commend this bill to the Assembly.
Debate (on motion by Mr Parton) adjourned to the next sitting.
Courts and Other Justice Legislation Amendment Bill 2018 (No 2)
Mr Ramsay, pursuant to notice, presented the bill, its explanatory statement and a Human Rights Act compatibility statement.
Title read by Clerk.
MR RAMSAY (Ginninderra—Attorney-General, Minister for Regulatory Services, Minister for the Arts and Community Events and Minister for Veterans and Seniors) (10.06): I move:
That this bill be agreed to in principle.
I am pleased to present the Courts and Other Justice Legislation Amendment Bill 2018 (No 2) to the Legislative Assembly. This bill reflects the government's program of continuous improvement, and a holistic approach to the justice system. It is also a demonstration of the value that this government places on older Canberrans in the workforce. This bill will adjust the retirement ages for key justice system officers, it will provide for flexible working arrangements in the courts, and it will improve the legislative foundation for the administration of the courts. The legislative changes in this bill are straightforward and simple, but that does not take away from their importance.