Fuel schemes provide credits and grants to reduce the costs of some fuels or to provide a benefit to encourage the recycling of waste oils. Many businesses can claim fuel tax credits, the amount depends on the fuel you use and how you use it.
You cannot claim fuel tax credits for fuel used in a vehicle with a gross value mass (GVM) of 4.5 tonnes or less for travelling on public roads – such as a taxi or car. You can however claim for fuels you use for business activities in light vehicles travelling off public roads (such as work sites and mining sites) and private roads.
You can also claim fuel tax credits for taxable fuels you use in heavy vehicles, including heavy emergency vehicles, travelling on public road if the vehicle meets all the following conditions:
- It is used us carrying on a business
- It has a GVM or more than 4.5 tonnes.
Please contact us if you would like to discuss your options with claiming fuel tax credits.