Fuel tax credit rates increase now effective

16th February 2018 | News

The fuel tax credit rates increased on 5 February 2018 in line with fuel excise indexation.

The Australian Taxation Office (ATO) has warned of the regular changes in fuel tax credit rates and is advising businesses to check the current rates each time a business activity statement (BAS) is lodged.

The ATO recently delivered a webinar for tips on claiming fuel tax credits, providing detail on how claiming on BAS’s can be made easier.

The recording can be viewed on the ATO website here and covers: