Fuel Tax Credits - Get Money Back for Your NFP

Fuel tax credits are expanding, which means more Not for Profit organisations will be able to reduce their organisation's fuel costs according to the Australian Tax Office.

From 1 July 2008 Not for Profits may be able to claim fuel tax credits for the fuel they acquire and use in a range of activities, machinery, plant, equipment and heavy vehicles that they weren't eligible to claim for before.

The only fuels that are not eligible are aviation fuels, alternative fuels and fuels used in light vehicles of 4.5 tonne gross vehicle mass (GVM) or less travelling on a public road (for example, a car or small van).

Not for Profits must be registered for GST and fuel tax credits before they can make a claim for these new entitlements.

Those organisations registered for GST can register for fuel tax credits now by phoning 13 72 26 anytime (24 hours a day, seven days a week).

Organisations must provide a tax file number and Australian business number (ABN) when they call.

The ATO has an online decision-tool designed to assist organisations in determining whether the fuel they use may be eligible for fuel tax credits.

The tool will help you to determine:
- whether the fuel used in business activities, machinery, plant or equipment or vehicles is eligible for fuel tax credits
- what fuel tax credit rate can be claimed for the eligible fuel use

The decision tool can be found at: http://calculators.ato.gov.au/scripts/net/FTC/Welcome.aspx