From 1 July 2010 the new fuel tax credit rate is 15.543 cents per litre.
The new rate replaces the following the fuel tax credit of 16.443 from the 1st July 2009 to the 30th June 2010.
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Still one of my most suggested government incentives to my clients is the Super co-contribution. As from 1st July 2008, if your earnings is less than $30,342 and pay up to 1k in to your super as a voluntary contribution the [...] From 1 July 2009 the new fuel tax credit rate is 16.443 cents per litre. The new rate replaces the following the fuel tax credit of 17.143 from the 1st January 2009 to the 30th June 2009. The fuel tax credit prior to the 31st December 2008 was 18.51 cents per litre. As from the 1st January 2009 the fuel tax credit will be 17.143 cent per litre. The fuel tax credit prior to the 31st December 2008 was 18.51 cents per litre. You can claim a fuel tax credit if your vehicle is used on public roads for carrying on a business and has Gross Vehicle Mass greater than 4.5 tonne. The rebate can be used for both petrol and diesel figures, but a diesel vehicle needs to meet one of the following environmental criteria To [...] |
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