Fuel tax credits - changes from 1 July 2013

The information in this fact sheet is current as at the date of publishing.

This fact sheet provides businesses with information about changes to fuel tax credit rates that apply from 1 July 2013.

How are fuel tax credit rates changing?

From 1 July 2013, fuel tax credit rates are changing. You may be affected by:

• some rate changes due to increased carbon charge amounts
• rate changes for transport and non-transport gaseous fuels
• a possible rate change for fuels used in heavy vehicles for travelling on public roads.

In addition, rates for some fuels are changing for entities declared by the Clean Energy Regulator to be a designated opt-in person under the opt-in scheme.

When you calculate your fuel tax credit claim, you need to use the rate that applied when you acquired the fuel. However, for fuel used in heavy vehicles for travelling on a public road, you need to use the rate in effect at the beginning of the tax period covered by your business activity statement (BAS).

You will continue to claim your fuel tax credits on your business activity statement.

	The fuel tax credit rates for fuel acquired from 1 July 2013 will be published on our website closer to the date.
	Fuel is taxable if excise or customs duty must be paid on it or it is a non-transport gaseous fuel the carbon pricing mechanism applies to.

Liquid fuels are petrol, diesel and other combustible fossil fuels such as kerosene, mineral turpentine, white spirit, toluene, heating oil, recycled oil and some solvents. Fuel ethanol and biodiesel are not included as they have no effective fuel tax and are not fossil fuels.

Gaseous fuels are liquefied petroleum gas (LPG), liquefied natural gas (LNG) and compressed natural gas (CNG) and can be either:

• transport gaseous fuels intended for use in an internal combustion engine of a motor vehicle or vessel, for mixed use (both transport and non-transport use) or if the end use was unknown when duty was paid
• non-transport gaseous fuels supplied only for use in forklifts or for use other than in an internal combustion engine of a motor vehicle or vessel.

Sections within How are fuel tax credit rates changing?

• Rate changes due to increased carbon charge amounts
• Transport and non-transport gaseous fuels
• Possible change for fuel used in heavy vehicles for travelling on public roads