Fuel tax credit rates are indexed twice a year, in February and August, in line with the consumer price index (CPI). Also these rates change regularly, so it’s important to check when you are preparing an activity statement for a client.
See this ATO webpage for the rates that apply from 4 February to 30 June 2019. (Past rates are also displayed there, just scroll down.)
If your client claims less than $10,000 in fuel tax credits each year, you can use any of the following simplified methods that best suit their needs. Readmore