Fuel tax credits provide you with a credit for the fuel tax (excise or customs duty) included in the price of fuel you use in your business activities for:
- heavy vehicles.
Fuel manufacture doesn't create an entitlement to fuel tax credits. You may be entitled to fuel tax credits for fuels used in fuel blends if either:
- the blend can't be used in an internal combustion engine (for example, paint)
- we determine the blend is no longer a fuel under the Fuel Tax Act 2006 (Fuel Tax Act).
We don't consider it to be excise manufacture if you only filter and de-water used oil so it can be reused, for example in recycled petroleum products. The used oil isn't a taxable fuel for the purposes of the Fuel Tax Act and there's no entitlement to fuel tax credits.
Contact your supplier to confirm whether the used oil you use in your business is included in this category.Check if your business is entitled to fuel tax credits for fuels you use in your fuel blends.