Fuel Tax Credit Rates Change from 1 August 2018
Fuel tax credit rates will increase for fuel acquired from 1 August 2018 in line with indexation of fuel excise duty. You can view the new rates on the ATO website.
The ATO would like to remind CCF QLD members about the tools and resources they have available to assist you:
- the easy-to-use fuel tax credit calculator, currently being used by thousands of fuel tax credit claimants
- simplified ways to claim fuel tax credits and keep records, for businesses that claim less than $10,000 in fuel tax credits each year
- useful information on how to keep accurate records to make it easier to claim what you are entitled to.