Fuel tax credit rates have increased for fuel acquired from 1 August 2015, due to a rise in the consumer price index (CPI).
Laws have passed that mean excise duty rates will continue to be indexed in line with CPI in February and August each year. This means fuel tax credit rates will also continue to be indexed twice a year.
Rates change regularly and the following information and tools are available to assist you in claiming the correct amount of fuel tax credits
- to check the rates go to ato.gov.au/fueltaxcreditrates
- use the Fuel tax credit calculator available at ato.gov.au/fueltaxcreditcalculator or on the Australian Taxation Office app.
- for information about fuel tax credits go to ato.gov.au/fuelschemes
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