Fuel tax credits for taxi drivers
Do you need to register for fuel tax credits?
You only need to register if you are eligible to claim fuel tax credits.
Are you eligible to claim fuel tax credits?
You are not eligible to claim fuel tax credits for a light vehicle with a gross vehicle mass (GVM) of less than 4.5 tonnes, travelling on a public road – such as a taxi, car or small van.
However, you can claim fuel tax credits if you acquire and use fuel in your heavy vehicle travelling on a public road (for example a taxi truck). In order to do this, you must be registered for goods and services tax (GST) and fuel tax credits.
A heavy vehicle has a GVM greater than 4.5 tonne (diesel vehicles acquired before 1 July 2006 can equal 4.5 tonne GVM). If you operate a taxi truck with a GVM greater than 4.5 tonnes on a public road, you must meet one of four environmental criteria.
What should you do if you have incorrectly claimed fuel tax credits?
If you have incorrectly claimed fuel tax credits, you need to make a fuel tax credit adjustment on your BAS.
