PPRuNe Forums - View Single Post - Gillards Carbon Tax and effect on Aviation fuel
Old 2nd Jun 2012, 02:59
  #176 (permalink)  
Ex FSO GRIFFO
 
Join Date: Apr 2004
Location: Up The 116E, Stbd Turn at 32S...:-)
Age: 82
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Well...HERE IT ARE...!!!

The following rec'd Friday arvo 1/6/2012.......

"A Carbon Price will be applied to the use of Aviation Fuels through the current Excise Tax system.

Effective 1st July 2012, the Excise Rate of Aviation Fuels will increase by the deemed cost of the Carbon content of the fuel.

The Government has advised the following Cents per Litre increase in the Excise Rate for the first 3 years -

Aviation Turbine Fuel 1-Jul-12 1-Jul-13 1-Jul-14
Base Excise 3.556 3.556 3.556
Carbon Content 5.98 6.279 6.604

New Excise 9.536 9.835 10.16

Aviation Gasoline
Base Excise 3.556 3.556 3.556
Carbon Content 5.06 5.313 5.588

New Excise 8.616 8.869 9.144

As advised by the Gov. following the transition to a trading system, the Excise Rate increase will all be adjusted twice yearly based on the average Carbon Price over the previous 6 months.

For those of you who actually voted 'Labor' ......thanx for nuthin'....

Bah Humbug!!!

p.s. Sorry guys and gals - I had it all nicely 'tabulated' in my set out.
You'll just have to 'line up' the lines......

Last edited by Ex FSO GRIFFO; 2nd Jun 2012 at 03:01.
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