Using Prism to support Fuel Tax Credits
Prism performs analysis of vehicle activity, including calculations to apportion activity and fuel use by Public and Non-Public roads. This can can be used to support Fuel Tax Credit (FTC) claims in conjunction with the right business process and other supporting records to ensure the calculations accurately reflect your fleet’s true activity.
This section of our help centre contains detailed information to help you understand your responsibilities when using Prism for FTC and when our ATO Class Ruling applies.
We recommend that all Prism users seek professional advice from a registered tax agent in relation to Fuel Tax Credit claims. We work with a number of specialist FTC advisors who we can refer you to.