From 1 July 2014, the carbon charge was repealed, increasing the rate for many fuels

Carbon Charge Repealed

From the 1st July 2014, the carbon charge was repealed, increasing the rate for many fuels acquired from 1st July 2014 and used off public roads.

 

  • This means a business owner can claim more if they use the fuel in
    off-road activities.
  • A business can no longer claim FTC for non-transport gaseous fuels
    used in specified agriculture, fishing and forestry activities.
  • A business can no longer claim FTC for aviation gasoline or
    kerosene if it was declared by the Clean Energy Regulator as part of the opt-in scheme. The liquid fuel opt-in scheme ceased on 30 June 2014

 

Visit the ATO website for Rates from 1 July 2014

Use the ATO Fuel Tax Credit calculator
 
Did You Know?

NFP organisations that are not registered for GST can claim FTC if
they operate emergency vehicles or vessels.

 

  • A householder can claim FTC if they use fuel to generate electricity.
  • NFP organisations that are not registered for GST can claim FTC if
    they operate emergency vehicles or vessels.