Fuel tax credits rates have recently been changed again on 29 September 2022. The temporary reduction of fuel excise duty ended on 28 September 2022.
As rates can change regularly, you must ensure you are using the correct rates when calculating your fuel tax credits dependant on the date the fuel was purchased. Current fuel tax credit rates are as follows:.
Table 1: Rates for fuel acquired from 1 July 2022 to 31 July 2022
| Eligible fuel type | Used in heavy vehicles for travelling on public roads (see note 1) | All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2) |
|---|---|---|
| Liquid fuels – for example, diesel or petrol Unit: cents per litre | 0 (see note 3) | 22.1 |
| Blended fuels: B5, B20, E10 Unit: cents per litre | 0 (see note 3) | 22.1 |
| Blended fuel: E85 Unit: cents per litre | 0 | 9.435 |
| Liquefied petroleum gas (LPG) (duty paid) Unit: cents per litre | 0 | 7.2 |
| Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid) Unit: cents per kilogram | 0 | 15.2 |
| B100 Unit: cents per litre | 0 | 5.2 |
Table 2: Rates for fuel acquired from 1 August 2022 to 28 September 2022
| Eligible fuel type | Used in heavy vehicles for travelling on public roads (see note 1) | All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2) |
|---|---|---|
| Liquid fuels – for example, diesel or petrol Unit: cents per litre | 0 (see note 3) | 23.0 |
| Blended fuels: B5, B20, E10 Unit: cents per litre | 0 (see note 3) | 23.0 |
| Blended fuel: E85 Unit: cents per litre | 0 | 9.825 |
| Liquefied petroleum gas (LPG) (duty paid) Unit: cents per litre | 0 | 7.5 |
| Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid) Unit: cents per kilogram | 0 | 15.8 |
| B100 Unit: cents per litre | 0 | 5.4 |
Table 3: Rates for fuel acquired from 29 September 2022
| Eligible fuel type | Used in heavy vehicles for travelling on public roads (see note 1) | All other business uses (including to power auxiliary equipment of a heavy vehicle) (see note 2) |
|---|---|---|
| Liquid fuels – for example, diesel or petrol Unit: cents per litre | 18.8 | 46.0 |
| Blended fuels: B5, B20, E10 Unit: cents per litre | 18.8 | 46.0 |
| Blended fuel: E85 Unit: cents per litre | 0 | 19.735 |
| Liquefied petroleum gas (LPG) (duty paid) Unit: cents per litre | 0 | 15.0 |
| Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid) Unit: cents per kilogram | 0 | 31.5 |
| B100 Unit: cents per litre | 0 | 10.7 |
Note 1: From 1 November 2019, this rate includes fuel used to power passenger air-conditioning of buses and coaches.
Note 2: Claims for packaging or supplying fuel can use the ‘all other business uses’ rate for the appropriate eligible fuel type.
Note 3: From 30 March 2022 until 28 September 2022, businesses using fuel in heavy vehicles for travelling on public roads cannot claim fuel tax credits as the road user charge (RUC) exceeded the excise duty paid.
Australian Taxation Office. (20 Sep 2022). Fuel schemes From 1 July 2022 . Retrieved from https://www.ato.gov.au/Business/Fuel-schemes/Fuel-tax-credits—business/Rates—business/From-1-July-2022/
In text: (Australian Taxation Office, 2022)
Note: The material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act specifically on the basis of this information alone. If expert assistance is required, professional advice should be obtained.
