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Exposure Draft - Alternative Fuels Taxation

Date:

Monday, 24 January 2011

Content ID:

1944

Abstract:

The Government announced in the 2010-11 Budget that it would complete the longstanding plan for energy content based taxation of alternative fuels incorporating a 50 per cent tax discount for alternative fuels and new staged phasing in arrangements for ethanol. A further revision to the phasing in arrangements for ethanol was announced on 7 September 2010. The reforms will apply from 1 December 2011.

The Assistant Treasurer has announced the release of the exposure draft legislation and draft explanatory material which will implement the taxation of alternative fuels policy. The legislation comprises 4 draft Bills which amend the Excise Act 1901, the Excise Tariff Act 1921, the Customs Tariff Act 1995, the Fuel Tax Act 2006 and the Products Grants and Benefits Administration Act 2000 and repeal the Energy Grants (Cleaner Fuels) Scheme Act 2004 and set up a new piece of legislation titled the Ethanol Production Grants Bill 2011.

Making a submission

The Government is seeking feedback and comments on the exposure draft legislation and draft explanatory material. Meetings will be held with industry stakeholders in Sydney on the afternoon of 31 January 2011 and in Melbourne on the afternoon of 1 February 2011. Interested industry stakeholders should email ExciseConsultation@treasury.gov.au to notify attendance and to obtain further information on the meetings.

The Government is also seeking feedback in relation to the focus questions that are set out in the attached document. Submissions may address one or more specific issues or address issues in the draft legislation more generally. While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.

All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment. Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.

Closing date for submissions: Friday, 18 February 2011

Address written submissions to:
The General Manager
Indirect Tax Division
The Treasury
Langton Crescent
PARKES ACT 2600

Email: ExciseConsultation@treasury.gov.au

For enquiries, please call Phil Bignell (02) 6263 4372.

Documents Available:


Acrobat (PDF) documents

 Acrobat (PDF)

Taxation of Alternative Fuels Legislation Amendment Bill 2011 - Exposure Draft  86.18kb
Excise Tariff Amendment (Taxation of Alternative Fuels) Bill 2011 - Exposure Draft  56.94kb
Ethanol Production Grants Bill 2011 - Exposure Draft  34.80kb
Customs Tariff Amendment (Taxation of Alternative Fuels) Bill 2011 - Exposure Draft  296.15kb
Taxation of Alternative Fuels Legislation Amendment Bill 2011 - Explanatory Memorandum  138.62kb
Focus Questions for Industry on Taxation of Alternative Fuels Exposure Draft  12.16kb
Consultation Summary  54.57kb

Microsoft Word (RTF) documents

 Microsoft Word (RTF)

Taxation of Alternative Fuels Legislation Amendment Bill 2011 - Exposure Draft  4,776.96kb
Excise Tariff Amendment (Taxation of Alternative Fuels) Bill 2011 - Exposure Draft  4,713.44kb
Ethanol Production Grants Bill 2011 - Exposure Draft  4,647.50kb
Customs Tariff Amendment (Taxation of Alternative Fuels) Bill 2011 - Exposure Draft  5,743.72kb
Taxation of Alternative Fuels Legislation Amendment Bill 2011 - Explanatory Memorandum  493.25kb
Focus Questions for Industry on Taxation of Alternative Fuels Exposure Draft  35.75kb
Consultation Summary  898.45kb

Related Items:

Discussion Paper - Implementation of Alternative Fuels Taxation Policy - 15/10/2010
The abstract for this content item contains formatting that cannot be displayed in this list. Please follow the hyperlink to the item for more detail.
Submissions: Discussion Paper - Implementation of Alternative Fuels Taxation Policy - 28/01/2011

Treasury received forty-seven submissions in response to the discussion paper on the Implemenation of Alternative Fuels Taxation Policy. Forty of these are public submissions and seven are confidential. The public submissions are listed below and are accessible by selecting the author.

The opinions expressed in the submissions are those of the authors and do not necessarily reflect the views of the Government or the Treasury.

Submissions: Exposure Draft - Alternative Fuels Taxation - 13/05/2011

Treasury has received twelve submissions in response to this consultation. There were eleven public submissions, and one confidential submission. The public submissions are listed below and are accessible by selecting the author.

The opinions expressed in the submissions are those of the authors and do not necessarily reflect the views of the Government or the Treasury.

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