News

Transport Industry rate changes

The Fuel Tax Credit rate has again been cut as of 1 July 2013.

Despite this, Reasonable Travel Allowance expenses, Overtime Meal rates and the Superannuation Guarantee Charge just keep going up and up, increasing the squeeze on employers in the Transport Industry. Here's what you need to know:

Fuel tax credit rates for taxable liquid fuels from 1 July 2013

Business use

Eligible liquid fuel

Rate for fuel acquired from 1 July 2013

In a heavy vehicle* (including emergency vehicles) for travelling on a public road.

Liquid fuels - for example, diesel or petrol.

12.003**

Specified off-road activities in:

  • agriculture
  • fishing
  • forestry

Liquid fuels - for example, diesel or petrol.

38.143

Other off-road activities where the fuel is combusted - for example:

  • mining
  • marine or rail transport (including emergency vessels)
  • nursing and medical
  • burner applications
  • electricity generation by a commercial generation plant, stationary generator or a portable generator
  • construction
  • manufacturing
  • wholesale/retail
  • property management
  • landscaping

Petrol

32.347***

Diesel and other liquid fuels

31.622***

Opt-in liquid fuels - only for use by a designated opt-in person under the opt-in scheme.

38.143#

To power auxiliary equipment of a heavy vehicle* travelling on a public road - such as fuel used to power a refrigeration unit or a concrete mixing barrel.

Liquid fuels - for example, diesel or petrol.

38.143^

Non-combustible uses, such as:

  • fuel you use directly as a mould release
  • fuel you use as an ingredient in the manufacture of products that are not suitable for use as fuel in an internal combustion engine.

Liquid fuels - for example, diesel or petrol.

38.143

Packaging fuels in containers of 20 litres or less for uses other than in an internal combustion engine.

Mineral turpentine, white spirit, kerosene and certain other fuels

38.143

Supply of fuel for domestic heating.

Heating oil and kerosene

31.622***

In an aircraft for domestic travel - only for use by a designated opt-in person under the opt-in scheme.

Aviation kerosene

6.279#

Aviation gasoline

5.313#

http://www.ato.gov.au/Business/Fuel-schemes/In-detail/Fuel-tax-credits---for-GST-registered-businesses/Calculating-and-record-keeping/Fuel-tax-credit-rates-and-eligible-fuels/

Notes to the above table

*A heavy vehicle is greater than 4.5 tonne gross vehicle mass (GVM). Diesel vehicles acquired before 1 July 2006 can equal 4.5 tonne GVM.

**This rate accounts for the road user charge (which is subject to change) and applies to fuel used in a heavy vehicle for travelling on a public road.

***The rates for these activities account for the carbon charge, which changes annually until 1 July 2015, then six-monthly thereafter due to changes in the carbon price.

^This fuel use is not reduced by the road user charge or the carbon charge.

#To use this rate, you must be declared by the Clean Energy Regulator as a designated opt-in person under the opt-in scheme.

New Reasonable Travel Allowance Rates

Reasonable travel allowance expense claims for employee truck drivers 2013-14

Amounts claimed up to the food and drink component only of the reasonable domestic daily travel allowance amounts for 'other country centres' are considered to be reasonable for meal expenses of employee truck drivers who have received a travel allowance and who are required to sleep away from home. For the 2013-14 income year, the relevant amounts are:

Table 6: Employee truck drivers

Salary range

Food and drink

$108,810 and below

Breakfast  Lunch  Dinner
$22.30  $25.45  $43.85
$91.60 per day

$108,811 and above

Breakfast  Lunch  Dinner
$24.90  $25.45  $49.60
$99.95 per day

http://law.ato.gov.au/atolaw/view.htm?docid=TXD/TD201316/NAT/ATO/00001

Historical Reasonable Travel Allowance Rates

Financial Year

Salary below range

Salary above range

2007/08

< $87,200 = $72.10

> $87,200 = $81.05

2008/09

< $90,000 = $74.30

> $90,000 = $84.60

2009/10

< $90,000 = $82.05

> $90,000 = $89.50

2010/11

< $97,100 = $84.90

> $97,100 = $92.65

2011/12

< $100,840 = $87.00

> $100,840 = $94.95

2012/13

< $108,810 = $89.60

> $108,810 = $97.75

Overtime Meal Allowance Rates

Financial Year

Rate

2007/08

$22.60

2008/09

$23.60

2009/10

$24.95

2010/11

$25.80

2011/12

$26.45

2012/13

$27.10

2013/14

$27.70