Fuel cost goes up 10% for trucks

Registration and fuel costs for trucks are increasing from 1 July 2012.

The fuel tax credit that can be claimed by trucking operators decreased 2.4 cents per litre, from 15.043 to 12.643 cents per litre on 1 July. As a result, the effective fuel tax paid by trucking operators increased 10.4 per cent, from 23.1 to 25.5 cents per litre.

The reduction in the fuel tax credit rate has legal effect, despite the Federal Coalition

MREC HERE

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