Trucking operators using fuel for off-road purposes can now claim a higher fuel tax credit rate, the Australian Trucking Association (ATA) has advised.
Following the repeal of the carbon tax, operators previously claiming 31.285 cents per litre for diesel used off-road can now claim 38.143 cents per litre. This translates to a fuel tax credit increase of 6.858 cents per litre for users of off-road vehicles.
Companies can claim the higher rate for any fuel purchases that have been made since 1 July 2014.
The credit rate for on-road fuel use remains unchanged, as the carbon tax was never imposed on heavy vehicle on-road fuel use.
According to the ATA, the price of refrigerants is also expected to decrease as a result of the carbon tax repeal.