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: This article is based upon information available as at the time of publishing and may be subject to change.