14/04/2026
Hello Friends,
Welcome to your April 2026 Rede Newsletter.
The Australian Government has launched several relief measures for small businesses affected by the 2026 fuel crisis, including a $1 billion interest-free loan program and targeted tax relief.
Interest-Free Government Loans
As part of the National Fuel Security Plan, the government is providing support through its Economic Resilience Program:
Targeted Support:
Loans are specifically for businesses in critical supply chains, including freight, transport, fuel, and fertiliser producers.
Funding Pool:
A $1 billion pool allocated from the National Reconstruction Fund (NRF) will provide zero-interest loans to help with short-term liquidity.
Loan Terms:
Typical terms are expected to be around seven years, with roughly $500 million available annually over the next two years.
Eligibility:
To qualify, businesses must meet the NRF's criteria of being solely or mainly Australian-based.
ATO "Fuel Response" Tax Relief
The Australian Taxation Office (ATO) has introduced a tailored payment plan for eligible businesses struggling with tax debts due to high fuel costs:
Interest-Free Repayments:
The ATO may remit General Interest Charges (GIC) for businesses that meet their first three months of instalments on a tailored plan.
Flexible Terms:
Plans offer up to 36 months to repay tax debt with no upfront payment required.
PAYG Variations:
Businesses can vary their PAYG instalments if higher fuel costs have significantly reduced their taxable income, improving immediate cash flow.
Eligibility:
Applicants must hold an ABN and demonstrate that their reduced capacity to pay is directly or indirectly linked to higher fuel/transport costs rather than general cash flow issues.
Additional Financial Relief
Fuel Excise Cut:
A 50% reduction in fuel excise (totaling 32 cents per litre including GST relief) is in effect from April 1 to June 30, 2026.
Heavy Vehicle Charge:
The Heavy Vehicle Road User Charge has been cut to zero for the three months ending June 30, 2026, providing further relief for trucking and freight operators.
Energy Bill Rebates:
Eligible small businesses may receive up to $150 in energy bill relief for the 2025–26 financial year.
Would you like help checking the specific eligibility criteria for the ATO Fuel Response plan or more information on state-based grants for fuel efficiency?
PLEASE CONTACT US FOR ANY ASSISTANCE.
Thank you for your continued support and loyalty, we really do appreciate it!
All the best,
Col, Ken, Annette and the Rede Team
“Liability limited by a scheme approved under Professional Standards Legislation “
https://redeaccountants.com.au/newsletters/april-2026-newsletter/
