Fuel Tax Credit Rates Increased 2 February 2026

Changes to Fuel tax credit rates as of 2 February 2026.  Remember to use the new rates when completing your next BAS! 

Fuel tax credit rates do change regularly.  They are indexed twice a year, in February and August, in line with the Consumer Price Index. 

For the March quarter BAS, you will need to split up your fuel usage for before and after 2 February 2026 due to the different rates.  Alternatively, if you claim less than $10,000 fuel tax credits per year then you can simply use the rate that is applicable at the end of the quarter.  That is, for the March quarter BAS you can use the rates that are relevant as at 2 February 2026. 

Using the ATO’s fuel tax credit calculator, found here, is the simplest way to determine what you can claim in your business activity statement (BAS), or to calculate an adjustment or correction for a previous BAS. 

Refer to the tables provided by the ATO here for the fuel tax credit rates for business from 1 July 2025 to 30 June 2026.  If you need to claim FTC prior to 1 July 2025, please get in touch and we can provide you with the older rates. 

For a detailed breakdown of the new rates and how they apply to your business, visit the ATO website. 

If you have any questions in relation to the claiming of fuel tax credits, please get in touch with us.