Fuel Tax Credits provide business with a credit for the fuel tax/excise that is included in the price of fuel used in motor vehicles, plant and equipment travelling off public roads. Business can claim from the ATO as a rebate some or all of the excise paid on fuel purchases. This may amount to many thousands of dollars per year. IntelliTrac's Fuel Tax Credits Reporting is able to substantiate claims made to the ATO.
If your business makes a car owned or leased by the business available for private use of an employee, then Fringe Benefits Tax may be payable on the percentage of private use of the vehicle. IntelliTrac's FBT Reporting module is ATO Compliant with class ruling and may be used to substantiate FBT reporting.
Fuel Tax Credit & FBT Reporting is further enhanced with the optional IntelliTrac Linked Fuel Card which is available for use at most service stations in Australia providing discounts on fuel and other fleet purchases.