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The main fuel tax in Australia is an excise tax, to which Goods and Services Tax ("GST") is added. Both taxes are levied by the federal government. Both taxes are levied by the federal government. In Australia the GST (currently 10%) is applied on top of the fuel excise tax.
The excise tax on commonly used fuels in Australia from 5 February 2024 [20] are as follows: A$0.496 per litre on Unleaded Petrol fuel (Petrol used in aviation is excised at a different rate) A$0.496 per litre on Diesel fuel; A$0.162 per litre on Liquified petroleum gas used as fuel (Autogas or LPG as it is commonly known in Australia)
A fuel tax (also known as a petrol, ... Since October 2018, the fuel tax in Australia is A$0.412 per litre for petrol and ultra-low sulphur diesel (conventional ...
On 1 July 2012, the Australian Federal government introduced a carbon tax of A$ 23 (US$17.29) per tonne on selected fossil fuels consumed by major industrial emitters and government bodies such as councils. To offset the tax, the government reduced income tax (by increasing the tax-free threshold) and increased pensions and welfare payments ...
The report is titled: "A Roadmap for Alternative Fuels in Australia: Ending our Dependence on Oil". [5] The report suggests a 12-step 'roadmap' to address the issue of fossil fuel usage in motor vehicles. The goal is to reduce oil dependence in Australia by 20 percent by 2020; 30 percent by 2030; and by 50 percent by 2050.
Australia's total greenhouse gas emissions increased by 0.3% in the first six months of the Carbon Tax to December 2012 to 276.5 Mt CO 2 equiv, [54] while Australia's gross domestic product grew at a rate of 2.5% per year.
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Fringe benefits tax (Australia) Fuel taxes in Australia; G. Goods and services tax (Australia) GST distribution dispute; H. Henry Tax Review; I. Income tax in ...