Skip to main content

person typing on a keyboard

KPMG Australia and Geotab make it easier than ever to claim Fuel Tax Credits

Published on April 8, 2024


Geotab, the global leader in telematics technology, have announced a new alliance that enables KPMG’s clients to access Geotab technology

person typing on a keyboard

SYDNEY, Australia – 09 April, 2024 - KPMG Australia and Geotab, the global leader in telematics technology, have announced a new alliance that enables KPMG’s clients to access Geotab technology, thereby expanding KPMG’s comprehensive fleet solution offering.   

 

A key example is KPMG’s FTC Automator, which analyses big data at speed and scale, and harnesses proprietary geo‐spatial analytics to process this data, before feeding it into the tax engine to produce Fuel Tax Credit (FTC) entitlement calculations. 

 

The alliance coincides with a favourable   ATO Product Ruling that ensures certainty over the tax implications of using the FTC Automator. Product rulings are important as they provide taxpayers with protection against penalty should the ATO subsequently dispute a claim made using the technology. 

The technology helps organisations calculate their entitlements  for credits on fuel excise, which apply to fuel used in plant, equipment, heavy vehicles and light vehicles (when not used on non‐public roads). (link to PR 2024/1) 

 

KPMG Australia’s National Leader for Workforce & Innovation, and Tax & Legal's Chief Technology Officer, David P Sofrà, said: “This is a direct response to market demand for a product that has undergone ATO review and testing ahead of its release of a formal, publicly available ruling. 

 

“The ATO Product Ruling sets out the Fuel Tax Credit consequences for KPMG Australia clients using Geotab to calculate their FTC entitlement using KPMG’s proprietary FTC Automator solution.   

 

“Our ability to provide businesses with access to Geotab’s market‐leading technology means not only are we able to support our clients with a holistic, end‐to‐end fleet technology solution that fulfils their needs, we also have a high degree of confidence in the quality, accuracy and frequency of the data we are able to ingest into the FTC Automator.”   

 

The FTC Automator is also able to surface important insights on safety, carbon emissions, fleet optimisation, as well as how viable it is for some, or all, of an organisation’s fleet to be electrified. 

  

Sofrà added: “Our clients are increasingly focused on other aspects of fleet management, such as Environmental, Social & Governance (ESG) concerns, including safety and electrification. Having access to Geotab’s analytics and insights from over 4 million connected vehicles that use Geotab technology globally is a real boon for our clients and will support them in making informed decisions that are aligned with their strategic goals.” 

 

David Brown, Geotab’s AVP Sales – APAC, concurs: “KPMG Australia’s FTC Automator, now backed by an ATO Product Ruling, is a very welcome and timely addition to the Geotab ecosystem and we look forward to partnering with KPMG’s tax technology experts to develop additional, new solutions in the ever‐evolving fleet space.  Beyond tax, the telematics data KPMG is able to harness for its clients using Geotab will enable it to provide sector insights and industry‐peer comparisons on a number of key metrics such as CO2 emissions, fleet utilisation and various others relating to safety.” 


Media Contact

Nicole Riddle

Senior Specialist, Strategic Communications

pr@geotab.com

About Geotab

Geotab is a global leader in connected vehicle and asset solutions, helping fleets boost their efficiency and management. We use advanced data analytics and AI to transform fleet performance, safety, and sustainability, reducing costs and driving efficiency. Supported by top data scientists and engineers, we serve over 55,000 customers worldwide, processing 80 billion data points daily from more than 4.7 million vehicle subscriptions. Geotab is trusted by Fortune 500 companies, mid-sized fleets, and the biggest public sector fleets globally, including the US Federal Government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, network of excellent partners, and Marketplace deliver hundreds of ready-to-go third-party solutions for fleets. This year, we're celebrating 25 years of innovation. Find out more at www.geotab.com/au, and follow us on LinkedIn or visit our blog.

Related posts

Award copy #1 Telematics provider

ABI Research Ranks Geotab #1 Global Commercial Telematics Vendor for Fourth Consecutive Year

Company also ranks as a top leader for implementation and innovation

February 27, 2025

Driver Risk

Driver Risk Insights in Geotab Safety Center Help Fleets Prevent Collisions

AI-powered analytics provide visibility into driver risk for proactive safety measures

February 26, 2025

Sustainability Dashboard

Geotab Announces Sustainability Center and EV Charge Monitoring for Improved Fleet Efficiency and Energy Cost Control

Insights hub provides fuel, idling and emissions trends to reduce waste and cut costs, improve performance.

February 26, 2025

Recent News

Award copy #1 Telematics provider

ABI Research Ranks Geotab #1 Global Commercial Telematics Vendor for Fourth Consecutive Year

Company also ranks as a top leader for implementation and innovation

February 27, 2025

Driver Risk

Driver Risk Insights in Geotab Safety Center Help Fleets Prevent Collisions

AI-powered analytics provide visibility into driver risk for proactive safety measures

February 26, 2025

Sustainability Dashboard

Geotab Announces Sustainability Center and EV Charge Monitoring for Improved Fleet Efficiency and Energy Cost Control

Insights hub provides fuel, idling and emissions trends to reduce waste and cut costs, improve performance.

February 26, 2025

Maintenance

Geotab Introduces Work Order Management and Fault Code Enrichment to Help Fleets Reduce Cost and Downtime

New maintenance tools help fleet managers predict vehicle issues, streamline repairs, and control rising operational costs

February 26, 2025

View last rendered: 03/06/2025 13:11:31