What is FTC?

Fuel Tax Credit (FTC)

Fuel Tax Credits refund the fuel excise built into diesel and petrol used in business, at higher rates for off-road and auxiliary use. Accurate on-road/off-road apportionment — best evidenced with telematics distance data — maximises the claim.

The ATO scrutinises GPS-based FTC claims (Taxpayer Alert TA 2021/3), so a defensible, auditable calculation trail matters.