1 August 2018
Fuel tax credit rates increased on 1 August 2018 in line with fuel excise indexation.
Fuel tax credit rates change regularly. If you claim fuel tax credits for fuel used in your business, make sure you use the new rates to calculate your claim on your next business activity statement (BAS).
Supporting your fuel tax credit claims
Keeping accurate records of your business transactions can make it easier for you to claim correctly. If you claim less than $10,000 in fuel tax credits each year, you can use simplified methods to keep records and calculate your claims.
Remember, registered tax agents and BAS agents can help you with your tax.
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Related news items
Claiming fuel tax credits for your heavy vehicle or machinery is now easier.
Find out what makes a valid tax invoice and the records you need to keep.
Want your records in one easy to access place? Try myDeductions in the ATO app.