Fuel Tax Credits 2024 Rates. Finance ministry has on december 2 scrapped the windfall tax on aviation turbine fuel (atf), crude products, diesel and petrol products. The australian taxation office (ato) has released the updated fuel tax credit rates effective from 1 july 2024 to 04 august 2024.

The latest tax rates and information on eligibility to claim fuel tax credits following february 2024 cpi index increases. Finance bill 2024 now stands enacted with approval from both houses of parliament and assent by the president.