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About: Fuel taxes in Australia     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:Tax113308999, within Data Space : dbpedia.org associated with source document(s)

Type: yago:Abstraction100002137yago:Charge113400798yago:Levy113308864yago:Liabilities113396054yago:Possession100032613yago:Relation100031921yago:WikicatFuelTaxesorganisationyago:Tax113308999 New Facet based on Instances of this Class

The main fuel tax in Australia is an excise tax, to which Goods and Services Tax ("GST") is added. Both taxes are levied by the federal government. In Australia the GST (currently 10%) is applied on top of the fuel excise tax. In some cases, businesses may be entitled to exemptions or rebates for fuel excise tax, including tax credits and certain excise-free fuel sources. The tax collected is added to general revenue. From April 1 to October 1, the fuel excise was lowered or cut by 50% by the federal budget 2022 to 22.1c per litre for all fuels.