Fuel Tax Credits Update

Fuel Tax Credits Update

Fuel Tax Credits Update

The fuel tax credit rates below have changed, effective 3 February 2020. Different fuel tax credit rates will need to be claimed for fuel acquired before and after February 2.

Fuel purchased for on-road use in eligible heavy vehicles
New rate: 16.5 cents per litre (previously 16.0 c per litre).

Fuel purchased for powering auxiliary equipment
New rate: 42.3 cents per litre (previously 41.8 c per litre).

For fuel tax credit rates lists please click here.
For the ATO fuel tax credit calculators please click here.

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Three Links In Supply Chain Penalised For Safety Breaches

Three Links In Supply Chain Penalised For Safety Breaches

Three Links In Supply Chain Penalised For Safety Breaches

person-entering-truck

When it comes to Chain of Responsibility (CoR) compliance, no one in the supply chain is ‘out of sight, out of mind’.

Authorities in NSW demonstrated this when they stopped a B-Double travelling in an unauthorised area in Mulgrave on the outskirts of Sydney.

Not only did it result in multiple knock-on penalties for the driver, but also two other businesses in the supply chain, while another business was put on notice.

“An inspection of the combination established it was carrying dangerous goods consisting of 24.4 tonnes of used lead acid batteries and 1,080 litres of flammable liquid adhesives,” NSW Police reported.

“Issues were identified relevant to the vehicle and load, which were rectified before the vehicle could continue.

“As a result of an investigation with the assistance of the NSW Environment Protection Authority, Police issued penalty notices to a number of parties involved in the transport of the dangerous goods.”

The three parties involved were issued the following penalties:

  • A Victorian transport company was issued a $10,000 penalty for failing to ensure dangerous goods were transported safely.
  • A recycling facility in Wollongong was issued a $4,000 penalty for employing a person for a task without adequate supervision.
  • And the driver, a 58-year-old man from Victoria was issued with the following four penalties:
    1. Driving without a compliant emergency information holder – $260;
    2. Driving dangerous goods inappropriately placarded – $400;
    3. Driving a class 2 heavy vehicle not in accordance with authorisation – $674; and
    4. Not keeping a work diary as required – $674.

NSW Police reported that with the assistance of the NSW Environment Protection Authority, it is also working with a Victorian-based adhesives company to implement changes to its dangerous goods documents and procedures to ensure compliance.

“NSW Police and the NSW Environment Protection Authority will continue to monitor the involved companies and take action where appropriate,” it stated.

Do you have all the information you need to ensure your business is CoR compliant

Article courtesy of Portner Press

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ATO Changes Guidance On Fuel Tax Credits

ATO Changes Guidance On Fuel Tax Credits

ATO changes guidance on fuel tax credits

bus on road

The Tax Office has advised on changes to fuel tax credit claims following an Administrative Appeals Tribunal decision.

From 1 November 2019, fuel tax credits for fuel used to power passenger airconditioning units must be claimed at the rate for “heavy vehicles for travelling on public roads”. This rate is reduced by the road user charge (RUC).

Before 1 November 2019, clients claiming fuel tax credits for fuel used in passenger airconditioning of a bus or coach could use the “all other business uses” rate.

This change is a result of the decision in Linfox Australia Pty Ltd v Commissioner of Taxation.

The AAT had ruled that the act of travelling involves more than mere propulsion, and that fuel used for airconditioning is also considered for the purposes of travelling.

“The vehicle does not travel merely by the engine propelling the wheels. It travels, and can travel, because it has a driver controlling the steering, headlights, indicators, windscreen wipers, brakes and airconditioning to ensure the driver can remain comfortable,” said the AAT.

“As I do not accept the limitation of mere propulsion, I see nothing anomalous in the fact that two heavy vehicles may make the same journey and use the same amount of fuel for mere propulsion but different amounts of fuel due to the use of airconditioning by one driver and not the other. This is still fuel acquired ‘for travelling’.”

Fuel Tax Ruling 2008/1 and Practical Compliance Guideline 2016/11 have since been updated to reflect the relevant changes.

The ATO has advised that clients may need to use different rates in their December quarter activity statement for fuel acquired before and after 1 November 2019.

Source: https://www.accountantsdaily.com.au/tax-compliance/13705-ato-changes-guidance-on-fuel-tax-credits

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Fuel Tax Credits Update

Fuel Tax Credits Update

Fuel Tax Credits Update

The fuel tax credit rates below have changed, effective 5 August 2019. Different fuel tax credit rates will need to be claimed for fuel acquired before and after August 4.

Fuel purchased for on-road use in eligible heavy vehicles
New rate: 16.0 cents per litre (previously 15.8 c per litre).

Fuel purchased for powering auxiliary equipment
New rate: 41.8 cents per litre (previously 41.6 c per litre).

For fuel tax credit rates lists please click here.
For the ATO fuel tax credit calculators please click here.

Please call our office should you have any queries.

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Reasonable Travel Allowance Expense Claims for 2019/20

Reasonable Travel Allowance Expense Claims for 2019/20

Transport Award Updates 2019/20

truck-on-highway

The ATO has released Taxation Determination TD 2019/11 which can be viewed here.

Reasonable travel allowance claims for employee truck drivers in 2019/20 is $25.20 for breakfast, $28.75 for lunch and $49.60 for dinner.

If you have any queries or would like any further information regarding this matter, please contact our office on (03) 5833 3000.

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Transport Award Updates 2019/20

Transport Award Updates 2019/20

Transport Award Updates 2019/20

A version of the updated road transport and distribution award can be found here

Main Short Distance updated rates for 2019/20 are:  

Grade Minimum weekly pay rate Minimum hourly  rate
1 $784.60 $20.65
2 $804.30 $21.17
3 $814.20 $21.43
4 $829.20 $21.82
5 $839.60 $22.09
6 $849.20 $22.35
7 $861.60 $22.67
8 $886.60 $23.33
9 $901.50 $23.72
10 $923.80 $24.31

For further updates please refer to our website

If you have any queries or would like any further information regarding this matter, please contact our office on (03) 5833 3000.

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If you need to get us documents quickly, access remote support, or the MYOB Portal click the button above.

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27 Welsford Street
Shepparton, VIC 3630

T: (03) 5833 3000
F: (03) 5831 2988
Email Us