Beneficial changes to fuel tax credit claims!

Do you claim Fuel Tax Credits (FTC) for your farm or business?

If so, recent changes effective from 1 January 2016 have made it easier.

What’s changed?

If your business has heavy vehicles from the list below, you no longer need to calculate the difference between on-road and off-road use for that vehicle’s Fuel Tax Credit claim.

  • Graders
  • Backhoe loader
  • Front-end loader
  • Wheeled excavator
  • Forklift
  • Wheeled bulldozer
  • Fertiliser spreader
  • Combine harvester
  • Tractor
  • Why?

    The ATO now considers these vehicles to be used fully off public roads, and consider any public road use as incidental.

    What do you need to do?

    As there is no need to identify the distribution between on-road and off-road use, for any of the vehicles listed above, you can now claim all the fuel used by these vehicles at the “all other business uses rate”.

    If your heavy vehicle is not on this list, you will still need to apportion on-road and off-road use for that vehicle’s Fuel Tax Credit claim.