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Fuel Tax Credits - Six Monthly Indexation Alert

The Buzz

The ATO has just issued a reminder that fuel tax credit rates increase for fuels acquired from this Saturday 1 August 2015. Rates are indexed twice a year, in February and August, in line with the CPI.

When completing each BAS, you should ensure you check the rates at Rates - business as clients may have more than one rate in a BAS period. We would also encourage the use of the ATO’s Fuel tax credit calculator  

Category
ABN
Published
29 Jul 2015
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