Fuel Tax Credits


Fuel Tax Credits


Businesses can claim credits for the fuel tax, which is excise or customs duty, included in the price of fuel they acquire and use in business activities in machinery, plant, equipment and heavy vehicles.


Some eligible activities include road transport, construction, manufacturing, agriculture, fishing, forestry, electricity generation, landscaping, panel beating, cement kilns, quarrying, and industrial furnaces.


In fact, most businesses can claim fuel tax credits. The rate that varies depending on the fuel used and business activity.


Examples of fuels eligible for fuel tax credits include petrol, diesel, kerosene and LPG. Some fuels aren’t eligible such as fuel you use in light vehicles of 4.5 tonne gross vehicle mass or less, traveling on public roads. A business must be registered for both GST and fuel tax credits before claiming fuel tax credits.


Contact Expert Tax on 0449 952 855 or 1300 8 MY TAX (1300 869 829) for further assistance.


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