Fuel rebate
scheme - how
it works and
who is eligible

In these times of austerity, the Fuel Rebate for Road Transport operators of up to €75 per 1,000 litres has largely been welcomed ahead of its commencement from 1 July 2013.

In these times of austerity, the Fuel Rebate for Road Transport operators of up to €75 per 1,000 litres has largely been welcomed ahead of its commencement from 1 July 2013.

Who Qualifies?

Qualifying Road Transport Operators includes persons who hold licences for the following:

* National Road Haulage Operator Licence

* International Road Haulage Operator Licence.

* National Road Passenger Transport Operator Licence or

* International Road Passenger Transport Operator Licence.

The repayment shall not be made where; -

The qualifying road transport operator does not hold a current tax clearance certificate

The qualifying road transport operator has outstanding obligations under the Mineral Oil Tax Regulations 2012.

How much is it worth?

The amount of the repayment will vary in accordance with the average price at which auto-diesel is available for purchase during a repayment period.

This price will be set for each period by Revenue. The rebate will be calculated in accordance with a sliding scale, whereby the maximum amount repayable will be 7.5 cent per litre, when that price is €1.25 per litre (VAT exclusive), and Nil when the price is at or below €1 per litre ( VAT exclusive).

How do I claim the Rebate?

Qualifying road transport operators will be required to register with Revenue before any claim for repayment is submitted.

Registration will be online. Before any claim is made in respect of diesel purchased by means of a fuel card, that fuel card must be approved and included in the registration data of the qualifying road transport operator.

The repayment periods are set as follows:

January – March

April – June

July – September

September-December.

The first repayment period commences on 1 July 2013.

A repayment claim should be made within 4 months following the end of the repayment period concerned.

Claimants will be required to supply details of bulk purchases and purchases by means of an approved fuel card.

They will also be required to submit registration details and other information about each vehicle concerned, and the volume of auto-diesel used to fuel each vehicle.

How Can KBG Chartered

Accountants Help You?

At KBG we can assist you in registering for the Fuel Rebate and assist you in making quarterly refund claims.

If you would like to discuss further please give Robert Browne a call 049-4361444…..www.kbg.ie