Does Petroleum Resource Rent Tax (PRRT) apply to mining and resources?
A computed answer from the Rules Mate applicability engine, with the exact condition, the outcome for every structure and size, and the primary source.
Short answer: Only if
Only if you hold an interest in a petroleum project. Being in this industry makes the obligation worth checking (Industry: Mining & resources), but the trigger is a fact the industry alone does not settle.
The obligation in brief
Petroleum Resource Rent Tax (PRRT). Petroleum Resource Rent Tax Assessment Act 1987. 40% tax on project profits with carry-forward of unrecovered expenditure.
Trigger: Petroleum project + receipt of receipts.
Why mining & resources get a different answer
Rules Mate runs its applicability engine across 9 business structures and 6 size bands for each of the 35 industries it maps. For 34 of those industries the answer for "Petroleum Resource Rent Tax (PRRT)" is no. Mining & resources is one of the 1 where the answer is different: only if.
The deciding fact for mining and resources: Industry: Mining & resources; applies only if you hold an interest in a petroleum project.
About the industry: Mining operations subject to state mining safety regimes, NGER, and royalty obligations.
Compare a professional services (general) business with 6–19 employees structured as a Pty Ltd company: the obligation does not apply (Requires a trigger outside this questionnaire).
Answer by business structure and size
Each cell is the engine's outcome for a business in mining & resources with that structure and size, assuming it sells to consumers and small businesses and holds customer contact details. "Check" means the obligation turns on a fact the industry does not settle.
| Structure | No employees | 1–5 employees | 6–19 employees | 20–99 employees | 100–499 employees | 500+ employees |
|---|---|---|---|---|---|---|
| Sole trader | Check | Check | Check | Check | Check | Check |
| Partnership | Check | Check | Check | Check | Check | Check |
| Trust | Check | Check | Check | Check | Check | Check |
| Pty Ltd company | Check | Check | Check | Check | Check | Check |
| Public company | Check | Check | Check | Check | Check | Check |
| Not-for-profit (unregistered) | Check | Check | Check | Check | Check | Check |
| Registered charity | Check | Check | Check | Check | Check | Check |
| Super fund | Check | Check | Check | Check | Check | Check |
| Foreign company | Check | Check | Check | Check | Check | Check |
What the obligation requires
- When due
- Annual returns + quarterly instalments.
- Evidence to keep
- Project accounts + expenditure register + carrying forward.
- Regulator
- ATO
- Jurisdiction
- Commonwealth (national)
Other obligations where mining & resources differ from the norm
- Claim Fuel Tax Credits (FTC) for eligible business fuel use: Only if
- Comply with the respirable crystalline silica workplace exposure limit (0.05 mg/m³): Yes
- EPBC Act — assess + approve controlled actions affecting MNES: Only if
- Maintain Hazardous Chemicals Register + manifest (WHS Reg): Yes
- Notify + remediate contaminated land (state): Only if
- NSW mining safety obligations (Work Health and Safety (Mines and Petroleum Sites) Act: Yes
- All 18 answers for mining & resources
Questions
- Does Petroleum Resource Rent Tax (PRRT) apply to mining and resources?
- Only if you hold an interest in a petroleum project. Being in this industry makes the obligation worth checking (Industry: Mining & resources), but the trigger is a fact the industry alone does not settle.
- Is the answer the same for every industry?
- No. For 34 of the 35 industries Rules Mate maps, the answer is no. Mining & resources is one of 1 industries with a different answer.
Related
Sources
Computed by the Rules Mate applicability engine from the published obligation corpus; facts last checked 3 October 2026. Rules Mate is not a law firm and this is general information, not legal advice. Confirm your position with the regulator source or a qualified adviser before acting.