Fuel tax credit rates will increase for fuel acquired from 5 February 2018 (not 1 February as in previous years) in line with indexation of fuel excise duty. You can find the new rates on the ATO website website now.

The following tools and help are available:

·         the recording of the webinar, Fuel tax credits: tips for getting your claims right

·         the easy-to-use fuel tax credit calculator, which will be updated with the new rates once they are in effect

·         simplified ways to claim fuel tax credits and keep records for businesses that claim less than $10,000 in fuel tax credits each year.