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FUEL TAX * Australia - Credit to fall, but industry wins on indexation
Sydney,NSW,Australia -Logistics Magazine -8 December 2008: -- The trucking industry’s fuel tax credit will fall from 18.51 to 17.143 cents per litre on 1 January 2009, now that Parliament has passed the Government’s truck charges laws... The effective fuel tax paid by trucking operators will increase from 19.633 to 21 cents per litre from 1 January 2009. Trucking operators will still pay the normal fuel tax – 38.143 cents per litre – when they buy fuel... They will still be able to claim for fuel tax credits on their business activity statements, but will only be able to claim 17.143 cents per litre in credits from 1 January 2009 instead of the current figure, 18.51 cents per litre... The Australian Government will now have the ability to make regulations to bring FIRS registration charges into line with the charges agreed by the Australian Transport Council in February... Heavy vehicles with state registrations are already subject to the new charges... (Picture)Labels: fuel taxes
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