Fuel Levy Calculator

Please see the below information to calculate your fuel levy surcharge, which is added to all freight rates.

Any questions, please contact the Freight Assist Australia sales team to assist further with your enquiry.

 

Fuel Levy Chart

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Explanation of fuel surcharge calculation

A fuel levy is a surcharge applied to account for fluctuations in fuel costs over time. Use the above table and the below formula to calculate your fuel levy accurately. To calculate the fuel levy in Australia, the formula evaluates the percentage change in net fuel prices relative to a fixed base price. It incorporates adjustments for GST, rebates, and a standard fuel factor to ensure accurate levy determination. The steps involve identifying the net price difference and applying a proportional calculation.

Verbose description of fuel Levy calculation
Base Net fuel price is $1.00 from When FAA started to apply a fuel levy

Mathematical Description of Fuel Levy Calculation
Fuel levy =((((CF/1.1)-CR)-BF)/BF)*0.32

Example for June 2012
Fuel levy =((((1.385/1.1)-0.15043)-1.00)/1.00)*0.32

  • Less gst
  • Less rebate
  • That gets a net price of the current fuel
  • Get the difference in net price
  • Divide the difference by the Base net price to get percentage change from base.
  • Divide the percentage change by fuel factor (32%) to get the fuel levy.
  • BF= 1.00 (Base fuel when FAA started applying fuel levy. This is a net value, ex rebate and GST)
  • CF = current fuel (National average diesel price as published by AIP, for each week ending of the previous month divided by number of weeks)
  • CR = diesel fuel current rebate