Subscribe to News
MEDIA, JOBS & RESOURCES for the COMMON GOOD
News  | 

Carbon Tax Relief for Aviation and Maritime Charities


Thursday, 28th June 2012 at 11:17 am
Staff Reporter
The Gillard Government has launched a Charities Maritime and Aviation Support (CMAS) Program to provide carbon tax relief to Not for Profits in the air and sea rescue sector.

Thursday, 28th June 2012
at 11:17 am
Staff Reporter


1 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Carbon Tax Relief for Aviation and Maritime Charities
Thursday, 28th June 2012 at 11:17 am

The Gillard Government has launched a Charities Maritime and Aviation Support (CMAS) Program to provide carbon tax relief to Not for Profits in the air and sea rescue sector.

The Government's new carbon tax scheme aims to make the nations largest polluters pay a tax for the amount of carbon that they produce into the atmosphere. The tax will come into effect on 1 July and is designed to reduce human induced climate change.

Under the CMAS program, the Government has said that eligible charities will receive financial assistance to cover the cost increase associated with the carbon price on aviation and maritime fuels purchased for eligible transport activities.

The Philanthropy and Exemptions Unit of the Treasury provided the following example to explain how the CMAS program would operate:

Based on previous consumption data, an eligible charity could estimate it would purchase 100,000 litres of aviation kerosene in the 2012/13 financial year for the purposes of eligible activities, the assistance available would be approximately $5,980 ex GST.

This is based on the increase of $0.0598 cents per litre on the fuel excise applicable to aviation kerosene under the carbon pricing legislation.

To be eligible to apply for assistance under the CMAS Program, a charity must meet all of the following eligibility requirements:

  • be a registered charity,
  • be endorsed as a Deductible Gift Recipient (DGR) by the Commissioner of Taxation, and
  • the maritime and/or aviation activities must be in respect to the DGR status.

The Rebates will be accessible under the program in relation to all types of taxable fuels used for eligible maritime or aviation transport activities that are either:

  • purchased, and used, by eligible charities, or
  • purchased on behalf of eligible charities as part of hiring/chartering arrangements of fuelled craft, where the fuel costs are identifiable within the hire/charter cost

The CMAS Program said that marine (and rail) transport effectively pay no excise on the fuel they use, as their excise is offset under the fuel tax credits scheme.

“An effective carbon price will be put on those activities through reduced fuel tax credit entitlements in the same way that it applies to off-road business use.

“As different fuels emit different amounts of carbon when they burn, the fuel tax credit changes for petrol and diesel will be determined according to their specific level of emissions.”


 




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au


One Comment

  • The tax structure seems okay and it should be effective as well for the aviation business. The idea of charging the tax according to the emission is also good. It could be possible that they will take care of the amount being emitted in the environment.

Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Coalition missing as Labor and Greens champion charities

Wendy Williams

Tuesday, 14th May 2019 at 8:24 am

Next government urged to prioritise the ACNC

Luke Michael

Thursday, 18th April 2019 at 5:26 pm

ALP pledges to be champions of the charity sector

Luke Michael

Thursday, 18th April 2019 at 8:00 am

What charities want: A little more respect, a little more certainty

David Crosbie

Thursday, 11th April 2019 at 8:54 am

POPULAR

Dealing with the trauma of youth homelessness

Luke Michael

Monday, 3rd June 2019 at 4:36 pm

Setting Aussie kids up for success

Luke Michael

Wednesday, 5th June 2019 at 4:13 pm

UK inquiry finds Oxfam failed to act on child sex abuse claims

Luke Michael

Wednesday, 12th June 2019 at 5:26 pm

Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!