Action plan
What actions do you need to take for your small business?
Select any you’ve already completed and export the document for your follow-up.
Action Plan
- Register for fuel tax credits and GST
- Identify fuels and business activities that are eligible for fuel tax credit claims
- Identify whether my business uses heavy vehicles for travelling on public roads and start apportioning for travel on and off public roads
- Identify any activities that are ‘all other business uses’, for which I can claim fuel tax credits
- Identify and apply fuel tax credit rates, as applicable to the activities and fuel I can claim for
- Work out how many eligible litres I have of each fuel
- Work out if I can use any simplified fuel tax credit claim methods
- Calculate, and submit, adjust or correct fuel tax credit claim using BAS label 7D (Fuel tax credit) and/or label 7C (Fuel tax credit overclaim)
- Keep accurate records relating to my fuel tax credit claims
Last modified: 10 Jun 2024
What you will learn
- Identify the registrations required and rules to claim fuel tax credits
- Understand fuels and business activities that are eligible to claim fuel tax credits
- Recognise how to calculate and claim fuel tax credits
- Recognise fuel tax credit record keeping requirements