Reasonable Travel Allowance Expense Claims Update for 2025-2026

The ATO has released Taxation Determinations for 2025-2026. You can view these rates on the ATO website here.

Reasonable travel allowance claims for employee truck drivers in 2024-2025 is:

• $31.35 for Breakfast
• $35.55 for Lunch
• $61.30 for Dinner

Long Distance Driver Update

Road Transport (Long Distance Operations) updated rates for 2025-2026 as of first full pay period in July are:

Major rest break allowance payable when a driver sleeps overnight in a truck will remain the same, $56.28 for 2025-2026.

For more information visit the Fair Work website here.

Road Transport and Distribution Updates

The rate changes for the Road Transport and Distribution Award for 2025-2026 are:

For more information visit the Fair Work Website here.

As a business owner or manager, keeping up with the latest fuel tax credit rates is essential for accurate financial planning and compliance. The Australian Taxation Office (ATO) has released the updated fuel tax credit rates effective from 5 August 2024 to 02 February 2025. Here’s a concise overview of the rates and how they can affect your business.

Latest Rates (Effective from 5 August 2024 to 02 February 2025)

Note 1: From 1 November 2019, this rate includes fuel used to power passenger air-conditioning of buses and coaches.

Note 2: Claims for packaging or supplying fuel can use the ‘all other business uses’ rate for the appropriate eligible fuel type.

Note 3: Fuel tax credit rates change for liquid fuels used in a heavy vehicle for travelling on a public road due to changes in the road user charge, which increases by 6% each year over 3 years, from:

• 28.8 cents per litre in 2023–24, to
• 30.5 cents per litre in 2024–25, and to
• 32.4 cents per litre in 2025–26.

Note 4: Fuel tax credit rates change for gaseous fuels due to changes in the road user charge, which increases by 6% each year over 3 years, from:

• 38.5 cents per kilogram in 2023–24, to
• 40.8 cents per kilogram in 2024–25, and to
• 43.2 cents per kilogram in 2025–26.

Currently, the road user charge reduces fuel tax credits for gaseous fuels to nil.

How to Use the Rates

To claim your fuel tax credits accurately, use the rate applicable on the date you acquired the fuel. For convenience, utilize the ATO’s fuel tax credit calculator available online. This tool is updated with the latest rates, ensuring you report the correct amount on your Business Activity Statement (BAS).

Staying informed about the fuel tax credit rates helps your business recover some costs associated with fuel use. Ensure you apply the correct rates and consider using available tools for accurate reporting.

 For further information please visit the ATO website –

https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/incentives-and-concessions/fuel-schemes/fuel-tax-credits-business/rates-business/from-1-july-2024-to-30-june-2025#Note3

As a business owner or manager, keeping up with the latest fuel tax credit rates is essential for accurate financial planning and compliance. The Australian Taxation Office (ATO) has released the updated fuel tax credit rates effective from 1 July 2024 to 04 August 2024. Here’s a concise overview of the rates and how they can affect your business.

Latest Rates (Effective from 1 July 2024 to 04 August 2024)

Note 1: From 1 November 2019, this rate includes fuel used to power passenger air-conditioning of buses and coaches.

Note 2: Claims for packaging or supplying fuel can use the ‘all other business uses’ rate for the appropriate eligible fuel type.

Note 3: Fuel tax credit rates change for liquid fuels used in a heavy vehicle for travelling on a public road due to changes in the road user charge, which increases by 6% each year over 3 years, from:

• 28.8 cents per litre in 2023–24, to
• 30.5 cents per litre in 2024–25, and to
• 32.4 cents per litre in 2025–26.

Note 4: Fuel tax credit rates change for gaseous fuels due to changes in the road user charge, which increases by 6% each year over 3 years, from:

• 38.5 cents per kilogram in 2023–24, to
• 40.8 cents per kilogram in 2024–25, and to
• 43.2 cents per kilogram in 2025–26.

Currently, the road user charge reduces fuel tax credits for gaseous fuels to nil.

How to Use the Rates

To claim your fuel tax credits accurately, use the rate applicable on the date you acquired the fuel. For convenience, utilize the ATO’s fuel tax credit calculator available online. This tool is updated with the latest rates, ensuring you report the correct amount on your Business Activity Statement (BAS).

Staying informed about the fuel tax credit rates helps your business recover some costs associated with fuel use. Ensure you apply the correct rates and consider using available tools for accurate reporting.

 For further information please visit the ATO website –

https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/incentives-and-concessions/fuel-schemes/fuel-tax-credits-business/rates-business/from-1-july-2024-to-4-august-2024

Reasonable Travel Allowance Expense Claims Update for 2024-2025

The ATO has released Taxation Determinations for 2024-2025. You can view these rates on the ATO website here.

Reasonable travel allowance claims for employee truck drivers in 2024-2025 is:

• $30.35 for Breakfast
• $34.65 for Lunch
• $59.75 for Dinner

Long Distance Driver Update

Road Transport (Long Distance Operations) updated rates for 2024-2025 as of first full pay period in July are:

Major rest break allowance payable when a driver sleeps overnight in a truck will remain the same, $56.28 for 2024-2025.

For more information visit the Fair Work website here.

Road Transport and Distribution Updates

The rate changes for the Road Transport and Distribution Award for 2024-2025 are:

For more information visit the Fair Work Website here.

As a business owner or manager, keeping up with the latest fuel tax credit rates is essential for accurate financial planning and compliance. The Australian Taxation Office (ATO) has released the updated fuel tax credit rates effective from 1 July 2023 to 30 June 2024. Here’s a concise overview of the rates and how they can affect your business.

Latest Rates (Effective from 5 February 2024 to 30 June 2024)

Rates for Fuel Acquired from 1 August 2023 to 4 February 2024

Initial Rates (1 July 2023 to 31 July 2023)

Important Notes

• Note 1: From 1 November 2019, the rate for heavy vehicles includes fuel used to power passenger air-conditioning in buses and coaches.
• Note 2: The ‘all other business uses’ rate applies to claims for packaging or supplying fuel for the corresponding fuel type.
• Note 3: Changes in the heavy vehicle road user charge affect the fuel tax credit rates for fuel used in heavy vehicles on public roads.
• Note 4: The road user charge for gaseous fuels currently reduces fuel tax credits for these fuels to nil due to scheduled increases in the charge rate.

How to Use the Rates

To claim your fuel tax credits accurately, use the rate applicable on the date you acquired the fuel. For convenience, utilize the ATO’s fuel tax credit calculator available online. This tool is updated with the latest rates, ensuring you report the correct amount on your Business Activity Statement (BAS).

Staying informed about the fuel tax credit rates helps your business recover some costs associated with fuel use. Ensure you apply the correct rates and consider using available tools for accurate reporting.

 For further information please visit the ATO website –

https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/incentives-and-concessions/fuel-schemes/fuel-tax-credits-business/rates-business/from-1-july-2023-to-30-june-2024