BAS, Bookkeeping, Fuel Tax Credits, GST

If you’re registered for GST and fuel tax credits, you can claim credits for excise duty paid on fuel used in eligible business activities. This applies to fuel used in machinery, equipment, light vehicles on private or off-public roads (sorry, public roads don’t qualify), and heavy vehicles.

Fill ‘er up… on fuel tax credits!

Brett 22/10/2024

If you’re registered for GST and fuel tax credits, you can claim credits for excise duty paid on fuel used in eligible business activities. This