Overview
Most fleets claim fuel tax credits (FTC) on a percentage someone worked out years ago. Nuonic recalculates it from your actual vehicle movements, for any period you choose, and shows you exactly where the number comes from. Our software does the processing, and our team checks the result.
This 90 second video walks through how that works.
What the video covers
- Why a fixed percentage goes stale. Winning a contract, losing a customer or moving a depot changes how much of your fuel is used off public roads. A fixed percentage doesn't change with it.
- What a percentage point is worth. One extra point of off road use on a working truck adds up across a fleet, and FTC claims can be amended up to four years back.
- Three common misunderstandings about light vehicles, percentages set by an accountant, and the ATO safe harbour percentages.
- How it works. You tell us what you need, we get your data, our software processes it and our team checks it, and you get a report ready for your BAS.
- What goes into an accurate number. Seven steps, from cleaning your tracking data and mapping public and private roads to matching fuel records to vehicles, plus a specialist review before your first report.
- Results and options. What the data found for two customers, and the two ways to work with us: a one-off analysis of any period, or an ongoing monthly service.