* ACT - Trucking gains fuel tax rate reduction
--- The Coalition has loosened another pre-election shot across the Opposition’s trucking bows with a road user charge reduction ahead of the federal Budget... Following its abolition of the Road Safety Remuneration Tribunal (RSRT), Infrastructure and Transport Minister, Darren Chester, has pared the truck fuel tax rate from 26.14 to 25.9 cents per litre from July 1... In welcoming a move it had called for, the Australian Trucking Association (ATA) calculates it will save a typical owner-driver about $200 in 2016-17, and a typical small fleet operator about $1,100... The road user charge is imposed as a reduction in the fuel tax credits that trucking businesses can claim through the BAS process, the ATA notes... As a result of the decision, the fuel tax credit rate for eligible heavy vehicles will increase from 13.36 cents per litre to 13.6 cents per litre from July 1...
(Photo: PowerTrans multi-trailer minings trucks) -- Canberra, Australia Capitol Territory, Australia - Fully Loaded/ATN - 26 April 2016Labels: fuel tax rebates, trucking industry news Australia
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