Fuel Tax Credits

Powered by Prism, Fleet Complete’s Fuel Tax Credit Calculation Service produces the most accurate fuel calculations available. The system automatically syncs real-time vehicle tracking data with advanced geo-position analysis for fast access to your fuel tax reports at any time.

Key Features

  • Increase Efficiency, Add Value

  • Paperless and Errorfree Operations

  • Comprehensive Reports

Prism Overview on a Laptop

Claiming Fuel Tax Credits

The fuel tax credits (FTC) scheme enables fleet operators to claim a rebate for the tax on fuel used for business purposes. A large number of businesses have not been claiming the FTC because the number of variables involved can make the claim process complex and prone to errors. We use vehicle data, geospatial information and advanced algorithms to automate the calculation for your FTC.

Calculating FTC with Power and Precision

The system calculates fuel consumption for vehicle operation on public and private property using real-time GPS data. Then advanced analytics are applied against vehicles’ location and geo-boundary to determine the exact operation time and fuel consumption of a fleet. The calculated fuel consumption can be used to assist in claiming eligible FTC, and you can receive regular reports with the calculations.

Prism Distance V Idling Laptop Front Facing
Prism Distance V Idling Laptop Front Facing

Exact and Easy

We use the most comprehensive mapping available to determine private and public road operation. With over 13 million private property boundaries, road information, and proprietary mapping information, we produce the most accurate geographical operation assessment available. No additional geo-fence information is required.

  • Accurate

    We use sophisticated algorithms, working with granular data to give the most accurate calculations possible. This includes transport data, topographical information, property boundaries and proprietary mapping.

  • Easy to Use

    Unlike other products, we don’t require customers to provide geo-fences and other data. We do all calculations with minimal information required from the user.

  • Advanced

    The system is designed to deal with Big Data and can be scaled up to meet any demand. Results are generated quickly and repeatedly.

How Prism Works
How Prism Works
How Prism Works

How it Works

The system calculates fuel consumption for vehicle operation on public and private property using real-time GPS data from your vehicles Fleet Tracker. This is analysed against advanced location and boundary analysis to determine the exact operation and fuel consumption of a fleet, resulting in valuable reporting to support your monthly FTC calculation.

Save Time and Money

Reports provide you with detailed explanations of the process, the methodology and the calculations. You can see vehicle by vehicle fuel consumption for different activities and get the most accurate calculation of fuel consumption per location and activity. 

Prism Distance V Idling Laptop