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Special edition - Fuel tax credit rate increase

07 August 2015

As a result of fuel tax indexation, the fuel tax credit rate for fuel purchased for on-road use in eligible heavy vehicles increased from 12.76 cents per litre to 13.06 cents per litre on 1 August 2015.



The fuel tax credit rate for powering auxiliary equipment also increased, from 38.9 cents per litre to 39.2 cents per litre.



Operators will need to claim different fuel tax credit rates for fuel acquired before and from this date.



The ATO recommends that all operators use their online Fuel tax credit calculator to get fuel tax credit rates correct for your BAS. The calculator is also available on the ATO app.



To find out more about these changes, visit the ATO’s fuel schemes rates page.