Fuel Tax Credit Calculator
Fuel tax credits provide businesses with a rebate for the fuel tax (excise or customs duty) included in the price of fuel used for business activities. The amount you can claim depends on the type of fuel, how and where it is used (on-road or off-road), and the applicable ATO rate at the time of purchase. Rates are updated regularly, so always check the current rates before calculating your claim. This calculator helps you estimate your eligible fuel tax credits for different scenarios.
How to Use the Fuel Tax Credit Calculator
- Select your BAS period: Choose the relevant Business Activity Statement (BAS) period for which you are claiming fuel tax credits. This ensures your calculation aligns with the correct reporting period.
- Enter fuel details: Select the fuel type (such as Diesel, Petrol, or LPG), usage type (off-road or on-road), and input the total quantity of fuel used during the period. Ensure you select the correct unit (litres or kilograms) based on your records.
- Set the rate: If you know the specific ATO fuel tax credit rate for your scenario and period, enter it in the provided field. If not, leave it blank to use the latest default rate for your fuel and usage type.
- Calculate your credit: Click the “Calculate Fuel Tax Credit” button. The calculator will instantly display your estimated rebate amount, a breakdown of the calculation, and a brief explanation of how the result was determined.
- Review and record: Use the displayed result to help you complete your BAS claim. Always double-check that your inputs and selected rates match your business records and the latest ATO guidance for your claim period.