Fuel Tax Credits – Potential Developments on Apportionment
We are expecting the ATO to shortly publish its updated views on acceptable apportionment methodologies for calculating relevant FTCs. Making a FTC claim and applying an appropriate apportionment methodology could substantially reduce costs.
Subscribers Only! Click here to become a member of TaxEd.
Disclaimer: Information provided in this article, while correct at time of publishing, is subject to change.