• 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

    Step 3 – work out the fuel tax credit amount

    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 work out the dollar amount of your fuel tax credit entitlements, you must multiply your eligible quantities of fuel for each activity by the relevant fuel tax credit rate for that fuel type and activity (if you have different rates for different activities or use different fuel types).

    When you have worked out the dollar amount for each activity and fuel type, add all these figures together to arrive at a total for each tax period, then claim this amount (include whole dollars only) by writing it at label 7D on your BAS. See Claiming.

    Work it out

    To help you work out your fuel tax credits, refer to:

    End of work it out
      Last modified: 19 Sep 2014QC 41272