• Attention

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    Calculating eligible quantities and record keeping

    Attention

    Warning:

    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    To correctly work out your fuel tax credits and support your claims, you must keep records that show the amount of fuel you acquire for your business and how you use it.

    Calculating eligible quantities

    If you use one or more types of fuel in one or more activities you should work out the quantity of each fuel type used in each activity separately. You may apply a different calculation method to each of these eligible activities and fuel types. Remember to apply the correct rate for each activity.

    Calculation methods

    Table 1: Calculation methods

    Basic methods When to use

    Constructive method

    If you prefer to add up the eligible quantity of each type of fuel.

    Deductive method

    If you prefer to deduct your ineligible fuel from the quantity of fuel you acquired.

    Other methods

    When to use

    Percentage use method

    If your eligible fuel use is consistent over time.

    Alternative percentage use method 

    If you have medium-to-large fleets of vehicles or equipment.

    Estimated use method

    If the amount of fuel you are likely to claim in a financial year is less than $5,000.

    Average fuel consumption rate method 

    If you keep records of the hours your equipment is used.

    Find out more

    For information about calculation methods, including examples, refer to Fuel tax credits – keeping records and calculating eligible quantities. You can also refer to the practice statement PS LA 2010/3External Link Apportionment for the purposes of the Fuel tax Act 2006.

    End of find out more
      Last modified: 18 Mar 2014QC 26573