Claiming Fuel Tax Credits
with MyFleet GPS

What are Fuel Tax Credits (FTC)?

In Australia, the prices we pay for fuel include a small tax. As an Australian business owner, you are entitled to claim FTC as a rebate, to be reimbursed for excise paid on a portion of the fuel you have purchased for business purposes. This includes heavy vehicles, light vehicles (4.5 tonnes gross vehicle mass or less), machinery and equipment travelling off public roads or on private roads.

How do Fuel Tax Credits work?

MyFleet works closely with Australia’s trusted FTC professionals - Deloitte, to ensure your business is able to claim all the credit you are entitled to. With your permission, we provide Deloitte with specific GPS and engine management data for processing. From here, Deloitte calculates how much credit you can correctly claim. This means there is no manual entry or extra paperwork to be filled out. We take care of this entire process for you on a half yearly or annual basis.

How much can you save with Fuel Tax Credits?

There are two different FTC rates that can be claimed, on-road and off-road. The FTC rate you use depends on when you acquired the fuel and if the fuel was used in the heavy vehicle for travelling on public or private roads.

On-road FTC rate - refers to fuel used in heavy vehicles travelling on a public road. From the 3rd of August 2020, businesses can claim a rate of 16.5 cents per litre on liquid fuels – for example diesel or petrol.

Off-road FTC rate - refers to fuel used for all other business uses, including to power auxiliary equipment of a heavy vehicle, travelling off public roads and on private roads. From the 3rd of August 2020, businesses can claim a rate of 42.3 cents per litre on liquid fuels – for example diesel or petrol.