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Fuel Tax Credit Rates Changed on 1 July 2025
Some Fuel tax credit rates have changed as of 1 July 2025. The rate for heavy vehicles travelling on public roads has decreased due to an increase in the road user charge.
Important Fuel Tax Credit Rate changes.
Fuel tax credit rates increased on 1 February 2023, so don’t forget to use the new rates when you calculate your claims on your next BAS.
Important fuel tax credit rate changes.
Fuel tax credits (“FTC”) regularly change, so it’s important to know the correct rate to apply to your business activity statement (“BAS”). Multiple rates may apply to your September 2022 Quarter BAS.
Fuel tax credit rates have changed.
As announced in the 2022-23 Federal Budget, fuel excise and excise equivalent customs duty (excise) rates for petrol, diesel and all other fuel and petroleum-based products, except aviation fuels, will be halved temporarily for 6 months, from 30 March to 28 September 2022.