Fuel Tax Credit Solutions (FTC) Made Simple

by Jan 10, 2020INFORMATION

Fuel tax credits provide businesses with credit for fuel tax that’s included in the price of the fuel used in plant machinery, heavy vehicles and equipment including light vehicles

Check Pricing

The amount of fuel tax excise credit earned depends on several factors that include how fuel was acquired, what use was the fuel put up to and the type of activity employed towards fuel consumption.

Depending on the nature of the business, be it manufacture or import, the tax excise or customs can be tracked through a generic ATO app with the continuing connection.

When it comes to light vehicles which are travelling on public roads or off roads or on private routes come under specific considerations based on the fuel tax credit rates. This system only applies to a specific set of light vehicles and more information on this website can be found to work out your fuel tax.

For more information on fuel tax credit calculator, click here.

The FTC credits that a business can claim as a rebate should be eligible under the ATO ruling for excise or customs duty.

For heavy vehicles, if the gross vehicle mass is beyond 4.5 tonnes, an FTC claim can be made.

For light vehicles, if the gross vehicle mass is less than 4.5 tonnes, an FTC claim can be made.

The off-road FTC claim rate currently sits at approximately 41 cents to a litre whereas the on-road FTC claim rate currently stands at approximately 15 cents to a litre.

For a business to be eligible for fuel tax credits, the company has to be registered for both goods and services tax. The eligibility also depends on the type of fuel that is being used by the business.

The list of eligible fuels includes petrol, diesel, kerosene, heating oil, fuel oil, toluene, LPG also known as liquified petroleum gas, LNG, also known as liquified natural gas and CNG, also known as compressed natural gas.

Mostly, the eligible activities that fall under fuel tax credits claim are road transport among other businesses. Other businesses include agriculture, mining, construction, hospitality, fishing, manufacturing among others.

Still, need to learn more about fuel tax credits and learn how Linxio can help businesses boost profits and enhance productivity and efficiency alike.

To learn more about how your fleet business can boost efficiency by saving more on fuel costs, give us a call to book a free demo and enjoy our 30 days free trial with a money-back guarantee.

Want to find the best GPS tracking solution for your business?

Every business is unique, and your GPS fleet management requirement can be different compared to the shop owner across the street. Talk to a fleet management expert today to know your options. We will help you find the exact type of GPS tracking solution for your unique needs. We have GPS trackers to suit all budgets and requirements.


Check PricingGet a Live Demo
Fleet Vehicle Maintenance

Quintessential Ways To Keep Fleet Vehicles Running Efficiently

A stitch in time saves nine happens to be a philosophy that if taken seriously saves the person or a business for that matter all the hassle in the world. Timely intervention and prevention is a practice that is implemented and celebrated across industries with high...
fleet vehicle theft

How To Secure Your Fleet Vehicles Against Theft

A stolen fleet vehicle is more damaging to the fleet business than a simple monetary loss. Apart from the loss of vehicle, there are obvious damages to the business's bottom line, loss of operational hours and prolonged delays in the pipelines during the recovery of...
Home Delivery

Ways To Set Up A Business For Home Deliveries

With the pandemic impacting lives and businesses worldwide, the governments across the globe have encouraged the ideology of social distancing through following norms like getting essentials delivered to the doorstep of households among others. However, easier said...
fleet manager

7 Benchmarks That Fleet Managers Should Abide By!

Fleet managers in any cooperation, be it big or small are always on their toes, pruning through pressure to get the fleet vehicles running smoothly. However, among all the pivotal responsibilities that a fleet manager dons, tracking fleet metrics is most important...
Fleet Manager

Planning To Operate Your Business Remotely?

The Stimulus Package Has Arrived & The Time To Make The Switch Is NOW!Check PricingThe Australian federal government has announced COVID-19 economic rescue package that will be churned out to lend support to...
Fleet Management FAQs

FAQs On Fleet Management

Fleet Management for end-users can be a tough terrain to navigate. We at Linxio have put together helpful insights around some of the most commonly asked questions around fleet management.Check Pricing1. What is GPS...
Fleet Management Software For Small Business Fleets

Fleet Management Software For Small Business Fleets

Fleet management software allows fleet managers to track all fleet vehicles from a unified platform. Small business fleets always find it hard to run their vehicles at the utmost efficiency due to challenges like budgeting restraints and lack of solutions that can...
Driver Management

Driver Management System For Aggressive Driving

An angry driver is an angry driver. There are no two ways about it. Aggressive driving causes fatalities and accidents every year across the globe. Being a leading cause of injuries, it’s on the rise with an increasing number of transportation users and commuters...
GPS Tracking

GPS Tracking Explained

What Is GPS Tracking? GPS Tracking is the method of tracking the location or whereabouts of an asset which may include a vehicle, a person or a piece of equipment. In it’s the purest form, an asset to be tracked is fitted with a tracker device that is accompanied by a...
Vehicle Tracking System

Emerging Trends Of Fleet Management In 2020

With the dawn of a brand new year 2020, fleet management as an industry vertical is about to be introduced to significant changes that will revolutionise how fleet businesses conduct operations and facilitate everyday tasks for fleet vehicle management and...