What Is the Australia Fuel Excise Calculator?
The Australia Fuel Excise Calculator helps you get precise numbers for your specific situation in seconds. Instead of guessing or spending hours on manual calculations, get accurate results in seconds. Enter your details above and let the calculator do the work.
Understanding the Australian System
Australian tax and financial regulations have specific thresholds, rates, and rules that differ from other countries. This calculator uses current Australian rates and brackets so you get results that actually apply to your situation rather than generic estimates.
Australia Fuel Excise Calculator
How It Works
This australia fuel excise calculator uses established formulas to provide accurate results.
The basic rule:
- Fuel excise: 50.3 cents per litre (indexed bi-annually to CPI)
- GST on fuel = Pump price / 11 (10% GST is included in the pump price)
- Total tax per litre = Excise + GST
- Annual fuel tax = Total tax per litre x Weekly litres x Weeks per year
Results are estimates. Consult a professional for critical decisions.
Frequently Asked Questions
How much is the Australian fuel excise?
The fuel excise duty is 50.3 cents per litre (from February 2024, indexed bi-annually to CPI). This is a flat rate applied to petrol, diesel, and other fuels, and is collected at the refinery or import stage.
How much tax is on a litre of petrol?
At a pump price of A$1.85/L, roughly 50.3c goes to excise and 16.8c to GST, totalling about 67c or 36% of the pump price. The remainder covers crude oil cost, refining margin, and retail margin.
What happened to the fuel excise cut?
The temporary fuel excise halving (to 22.1c/L) was introduced in March 2022 and ended in September 2022. The full excise was restored and has since been indexed to CPI, reaching 50.3c/L.
Do businesses get a fuel tax credit?
Yes. Businesses can claim fuel tax credits for fuel used in heavy vehicles (over 4.5 tonnes GVM), off-road machinery, and certain other business activities. The credit rate varies depending on when and where the fuel is used.