Fuel tax credit rates increased on 4 February 2019 in line with fuel excise indexation.

Fuel Tax Credits Have Increased

If you claim less than $10,000 in fuel tax credits per year, the next time you calculate your claim use the rate that applies at the end of that BAS period.

You can also use the ATO simplified record keeping method, making it easier to keep accurate records to calculate and support your claims. Keeping on top of your record keeping will give you an accurate picture of how your business is going.