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Is Your Business Getting All Its Fuel Tax Credit Rebates? Here’s How To Claim The Lot!

25/09/2018 by Mark Schneider in Fuel Cards

Rising fuel prices have been putting the squeeze on businesses right around the country, and for that matter right around the world lately. That toxic combination of tight global supply, the falling Aussie dollar and high gross retail margins have seen fuel prices the highest they’ve been since 2015.

While a Fleetcare Fuel Card will guarantee that you get discounted fuel every time one of your fleet vehicles fills up at the bowser, you’re still getting whacked by those fuel taxes, aren’t you? So what can you do about them?

Costly, time-consuming headache

Clawing back those fuel tax credits – all those fuel tax credits – can be a costly time-consuming headache for all businesses, no matter how large or small. Well here’s a bit of good news for you: technology in the form of Fleetcare Telematics has come to rescue you from the cost and hassle of reclaiming them by automating the whole process for you. Not only will it save you countless expensive labour hours, it’s guaranteed to do a better job of it than any accountant could.

All around the world leading companies are discovering the power of telematics to slash their fleet costs and run their businesses more efficiently. Here in Australia, businesses just like yours are relying on Fleetcare’s Telematic solutions to lighten their administrative load with easy BAS-ready monthly reporting. At the same time they’re reaping the benefits of much greater accuracy than simply relying on old-fashioned “safe harbour” or geozone calculations.

Claim retrospectively

Fleetcare Telematics can boost your fuel tax returns while giving you the security of a safe and highly auditable data trail. You will even have the ability to claim tax credits retrospectively for up to four years. So how do we do all this? By working closely with Australia’s leading accounting firms.

Three steps to better returns

Extracting better fuel tax returns is a three-step process for Fleetcare Telematics. It starts when the Fleetdynamics device installed in your vehicle coordinates all that vital data like ignition status, the vehicle’s movements and fuel burn. It then combines it with third party data including registered Australian cadastral property boundaries, vehicle manufacture dates and fuel tax rates.

The next step is when Fleetcare’s Telematics validates, cleans and standardises all that data, then aggregates it to identify when your drivers have been travelling on private or public roads. Next, all that trip data is analysed to work out how much fuel your vehicles have been using when idling and moving on a private road. Does that sound more accurate than the sort of fuel use calculations your business is using now?

The final step in the process is when the system produces your monthly report with its BAS-ready figures for you to include in your Activity Statement.

Think about it: could anyone in your office match that performance for diligence and accuracy? Of course not! So isn’t it time you spoke to Fleetcare today on 134 333 so you can start reclaiming every little fuel tax credit rebate you’re entitled to?

Written by
Mark Schneider

Mark is a successful copywriter with over 20 years of professional writing experience.

We welcome him as a guest blogger to Fleettorque.

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