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.
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.
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.
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 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.