Fuel tax credits – business
Fuel tax credits provide businesses with a credit for the fuel tax (excise or customs duty) that's included in the price of fuel used in:
👉machinery
👉plant
👉equipment
👉heavy vehicles
👉light vehicles travelling off public roads or on private roads.
The amount depends on when you acquire the fuel, what fuel you use and the activity you use it in. Fuel tax credits rates also change regularly so it's important to check the rates each time you do your business activity statement (BAS).
Some fuels and activities are not eligible including fuel you use in light vehicles of 4.5 tonnes gross vehicle mass (GVM) or less, travelling on public roads.
Rates for fuel acquired from 1 February to 30 June 2021
| Eligible fuel type | Unit | Used in heavy emergency vehicles for travelling on public roads | Used in heavy emergency vehicles to power auxiliary equipment; emergency vessels, vehicles or other equipment not travelling on public roads; domestic electricity generation |
|---|---|---|---|
| Liquid fuels – for example, diesel or petrol | cents per litre | 16.9 | 42.7 |
| Blended fuels: B5, B20, E10 | cents per litre | 16.9 | 42.7 |
| Blended fuel: E85 | cents per litre | 0.0 | 18.305 |
| Liquefied petroleum gas (LPG) (duty paid) | cents per litre | 0.0 | 13.9 |
| Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid) | cents per kilogram | 0.0 | 29.3 |
Rates for fuel acquired from 1 July to 31 January 2021
| Eligible fuel type | Unit | Used in heavy emergency vehicles for travelling on public roads | Used in heavy emergency vehicles to power auxiliary equipment; emergency vessels, vehicles or other equipment not travelling on public roads; domestic electricity generation |
|---|---|---|---|
| Liquid fuels – for example, diesel or petrol | cents per litre | 16.5 | 42.3 |
| Blended fuels: B5, B20, E10 | cents per litre | 16.5 | 42.3 |
| Blended fuel: E85 | cents per litre | 0.0 | 18.16 |
| Liquefied petroleum gas (LPG) (duty paid) | cents per litre | 0.0 | 13.8 |
| Liquefied natural gas (LNG) or compressed natural gas (CNG) (duty paid) | cents per kilogram | 0.0 | 29.0 |