Did you know many businesses are still missing out on their full fuel tax credits? With the recent ATO rate changes (from 1 July and 4 August), now is the perfect time to review your process. ✅
The ATO recommends using simplified methods to make sure your claims are correct and protected—especially if you’re claiming under $10,000 a year. Using GPS or telematics can also help ensure accuracy when applied correctly.
👉 To avoid errors, make sure you:
✔️ Apportion fuel correctly between on-road & off-road use.
✔️ Use consumption rates that reflect actual activity.
✔️ Claim only eligible uses (e.g., air-con in sleeper cabins on long-haul trips).
✔️ Avoid ineligible uses (like fuel in light vehicles on public roads).
📌 Whatever method you use, keeping complete and accurate records is the best way to maximise your fuel tax credits and stay compliant.
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Record-Keeping is the Key to Maximising Fuel Tax Credits!