Fuel tax credits is expanding, which means more non-profit organisations operating emergency vehicles or vessels will be able to reduce their organisation's fuel costs.
From 1 July 2008 you can receive fuel tax credits of 38.143 cents per litre for petrol and other taxable fuels used in emergency vessels, and continue to receive 38.143 cents per litre for diesel and fuel oil used in emergency vessels.
You will also continue to receive fuel tax credits for petrol, diesel and all other taxable fuels used in emergency vehicles greater than 4.5 tonne gross vehicle mass (GVM) travelling on a public road (diesel vehicles acquired before 1 July 2006 can equal 4.5 tonne GVM).
Also from 1 July 2008 you may be able to claim fuel tax credits for the fuel you acquire and use in a range of other activities, machinery, plant, equipment and heavy vehicles that you weren't eligible to claim for before. The only fuels that are not eligible are aviation fuels, alternative fuels and fuels used in light vehicles of 4.5 tonne gross vehicle mass (GVM) or less travelling on a public road, for example, a car or small van.
|
If you wish to claim fuel tax credits for anything other than emergency vehicles or vessels, you need to register for GST and claim all fuel tax credits on your business activity statement (BAS). For example machinery, plant and equipment that you were not eligible to claim for previously.
|
If you are a non-profit organisation and claiming only for the operation of emergency vehicles or vessels, and you are not required to register for GST because your GST turnover is less than $150,000, you claim fuel tax credits on a fuel tax credit claim form. This will be sent to your organisation once you have registered for fuel tax credits.
Register now by:
- phoning 13 28 66 between 8.00am and 6.00pm, Monday to Friday. (Make sure you have your organisation's tax file number, address and financial institution details handy when you call).
- phoning 1300 720 092 to order a Fuel tax credit registration -non-BAS claimants (NAT 15019) through our publication ordering and distribution service.
For more information about fuel tax credits visit www.ato.gov.au/fuelschemes, phone 13 28 66 between 8.00am and 6.00pm, Monday to Friday or read Fuel tax credit guide - domestic electricity generation and non-profit emergency vehicles or vessels (NAT 15621).
|
Feedback on the Non-Profit News Service and suggestions for future articles are encouraged. You can do this by using the online feedback facility on our website, or contact us directly by:
|
Last Modified: Monday, 14 September 2009