Fuel Tax Credit product ruling released for clients of KPMG using Geotab telematics

As outlined by David Sofrà, Andy Larmour, Anthony Harmer and Charlie Mooney, this ruling relates to clients of KPMG using Geotab in Australia that calculate their Fuel Tax Credit entitlement using KPMG’s proprietary FTC Automator platform.

The Australian Taxation Office (ATO) has released Product Ruling 2024/1 FTC Automator platform – use by clients of KPMG and Geotab Australia to calculate fuel tax credits (PR 2024/1). The Product Ruling sets out the Fuel Tax Credit (FTC) consequences for clients of KPMG using Geotab in Australia that calculate their FTC entitlement using KPMG’s proprietary FTC Automator platform. FTC Automator is a technology-based FTC apportionment, calculation, and reporting platform that is used by KPMG ...

Sign in below or register now to read the full article

Authors: David Sofrà, Andrew Larmour,

Published Date: 21 February 2024