The Fuel Tax Credits publication is the third in a series of publications which set out the facts on fuel tax credits. The issue is of vital importance to regional industries. Diesel is an unavoidable input for many regional businesses operating heavy machinery off-road and off the electricity grid. Removing or reducing FTCs would not remove a ‘subsidy’ rather it would impose a deliberate distortion into the tax system by increasing business costs for industries that are reliant on diesel and other fuels.
The publication outlines the key rationale for the Fuel Tax Credits Scheme. Any change to the Fuel Tax Credit scheme would pose significant risk to Forestry Contracting Businesses and AFCA contributed to the contents of this booklet by providing a case study which was included in the original Booklet and the importance to forestry is highlighted in the updated publication.