You don't have to claim a credit in the period it arises, regardless of whether it relates to:
- GST
- fuel tax credits
- luxury car tax (LCT), or
- wine equalisation tax (WET).
You can claim credits on a later activity statement provided you're within the 4-year time limit to claim credits.
To find out more information, visit the page that corresponds with the tax credit you're claiming:
- GST
- Fuel tax credits - To claim a fuel tax credit, you must work out the amount using the rate that applied at the time you acquired the fuel.
- LCT - LCT credits can only be claimed if you're not registered for GST
- WET