Australian Fuel Tax Credit Calculator
Calculate your Australian fuel tax credits easily with our fuel tax credit calculator. Quick, accurate, and mobile-friendly for all business needs.
Add Fuel Entry
Understanding your fuel tax credit calculation can save your business a lot of money.
Fuel tax credits (FTC) allow eligible businesses to claim back part of the tax paid on fuel used for machinery, vehicles, and equipment.
With the right fuel tax credit rates and tools like a fuel rate calculator, you can reduce your fuel costs significantly.
π Use our free Fuel Tax Credit Calculator and built-in fuel usage calculator Australia now to find out how much you can claim today!
What Is This Tool?
This tool is designed to make fuel tax credit claiming simple.
By entering the amount of fuel you use, the tool calculates potential credits using the latest fuel tax credit rates.
It also works as a diesel fuel calculator, fuel petrol calculator, and even as a fuel converter for different fuel types.
Itβs perfect for businesses, primary producers, and anyone eligible under the fuel tax credit eligibility rules.
How Does It Work?
Enter the liters of fuel used (works like a fuel used calculator).
Choose the type of fuel (diesel, petrol, LPG, etc.) using our petrol calculator Australia option.
Select whether the fuel was used on-road or off-road.
The tool applies the current FTC tax rate to estimate your credit amount, acting as a precise fuel estimator Australia and fuel use calculator Australia.
β‘ Try it now and maximize your fuel savings with our free fuel calculator!
Why Is It Free?
We created this tool to help businesses understand what is fuel tax credit and make accurate claims.
Along with being a tax credit calculator, it also functions as a handy fuel usage calculator Australia, helping you estimate costs for different vehicles and machinery.
Itβs completely free because our goal is to provide value and make tax calculations easier for everyone.
π‘ No signup required β just enter your details and calculate instantly!
FAQs
What is fuel tax credit?
Fuel tax credit is a refund for part of the tax paid on fuel used in eligible business activities.
Who can claim FTC tax?
Any GST-registered business that meets fuel tax credit eligibility rules can claim.
How often can I claim?
You can claim fuel tax credit on every BAS statement as long as you have the correct records.
Does the tool use current rates?
Yes, it uses the latest fuel tax credit rates published by the ATO while also working as a fuel calculator for everyday usage.
Start using our free fuel calculator today and simplify your fuel tax credit calculation in minutes!