Tax Dim Sum

Tax Dim Sum

An article worth reading and surely you will get a lot out of it. Send me your thoughts.

Fuel Tax Credit Rate Hike

Fuel tax credit rates increased on 2 August 2021 in line with fuel excise indexation. If you claim less than $10,000 in fuel tax credits per year, you can use simplified methods including:

  • the rate that applies at the end of your BAS period
  • the Basic method for heavy vehicles is to calculate your claims if you use a heavy vehicle.

You can find the updated rates here?and use this fuel tax credit calculator?to work out your claims. If you need more help with your tax, contact our tax agents today!

To read the full article, just click the link?here. Should you have any questions or wish to discuss anything further, please do not hesitate to contact me at 0435173529 or email me at [email protected]

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