Fuel tax rates increased 1 February 2023.
The easiest way to apply the correct rate is to use the Fuel Tax Credit Calculator on ATO Website every time you make a claim on your BAS.
You can also use the Simplified Method if you claim less than $10,000 a year in fuel tax credits.
Nov 12, 2024
Is a Bank Statement enough to claim a Deduction? The short answer is no. Although 1 in 6 Australians think a bank statement alone is enough to claim a deduction, the ATO tax deduction requirements state otherwise. A bank or credit card statement on its own is...
Sep 24, 2024
Payday Superannuation: Key Changes for Employers and Employees The Australian Government has introduced a significant reform in the 2023-2024 budget to change how superannuation guarantee (SG) contributions are managed. From 1 July 2026, employers must align the...
