Fuel Tax Credit Rates Increased 4 August 2025
Fuel tax credit rates increased on 4 August 2025, so don’t forget to use the new rates when you calculate your claims on 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 September quarter BAS, you will need to split up your fuel usage for before and after 4 August 2025 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 September quarter BAS you can use the rates that are relevant as at 4 August 2025.
Refer to the tables provided by the ATO here for the different rates over the course of the July to September 2025 quarter. 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 matters discussed in this blog, please get in touch with us.