The fuel tax credit rate increased on 2 February

Do you use fuel in your business?

The fuel tax credit (FTC) rate has increased for fuels acquired from 2 February 2015.

FTC rates are indexed twice a year, generally on 1 February and 1 August, in line with the consumer price index (CPI).

Before you do your BAS, make sure you’re using the right rate.

The fuel tax credit rate increased on 2 February

If you use fuel in your business, the fuel tax credit rate has increased for fuels acquired from 2 February 2015.

Fuel tax credits rates are indexed twice a year, generally on 1 February and 1 August, in line with the consumer price index (CPI).

What do I have to do?

Before you claim fuel tax credits for your business, it's important that you:

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