Fuel Tax Credit Rates have changed.
Fuel tax credit rates changed as of 1 February 2021
Business which use fuel in heavy vehicles or other machinery, may be eligible to claim credits from the ATO for the fuel tax (excise or customs duty).
This includes the tax in the price of fuel used in any of your business's:
- machinery
- plant
- equipment
- heavy vehicles
- light vehicles travelling off public roads or on private roads
The new rates can be found on the ATO website.
If you would like to find out if you are eligible to claim Fuel Tax Credits, or need assistance with lodging a claim, speak to your Aspen Corporate Advisor.