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Want a quicker way to calculate your fuel tax credits?

Home > Money With Melanie > Tax Matters

02 / Apr / 2009

The ATO’s online calculator is the easiest and fastest way to work out how much money you can get back for your business.

With a new rate applicable for fuel acquired from 1 January 2009 for use in road transport, the calculator helps you find the right rate for your business activity.

In less than 10 minutes, you can work out the fuel tax credits you are entitled to claim on your BAS.

Go to www.ato.gov.au/fuelschemes to use the calculator, find rates and learn about the records you need to keep.

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