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Old 8th Jan 2006, 03:04
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Biggles_in_Oz
 
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Re: CASA Cost Recovery - The Ramifications

http://www.ato.gov.au/businesses/con...tm&page=12&H12 shows the current Gasoline
For use as aircraft fuel
rate as $0.02854 per litre.

The 2002 Fuel Tax Inquiry report http://fueltaxinquiry.treasury.gov.a...rt/default.asp in Feb 2002
Aviation gasoline (Avgas) and aviation turbine fuel (Avtur) are excised at 2.808 and 2.845 cents per litre respectively.
Casa's proposed 8% phased reduction in the excise starting in 2008 would reduce the excise to around 2.62c/litre, resulting in an astounding saving of around 13c/hour in fuel for most GA.


Excises, levies, duties, GST, imposts et all... they're all just different names for taxation

Last edited by Biggles_in_Oz; 8th Jan 2006 at 05:02. Reason: current ATO rate
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