However, leveraging data captured by your telematics solution can lead to more accurate Fuel Tax Credit (FTC) calculations, potentially increasing your claims by up to 30%.
MiX Telematics, in partnership with Nuonic, a leading-edge data analytics firm, offers Prism, an innovative solution that optimises FTC calculations. With Prism, you can effortlessly claim the Fuel Tax Credits you are entitled to with confidence and ease. By combining real-time telematics data and advanced analytics, Prism delivers market-leading accuracy, providing detailed location and boundary analysis to determine your fleet's precise operations and fuel consumption.
Leveraging actionable data captured by MiX Telematics' in-vehicle monitoring system (IVMS), Prism precisely calculates the fuel tax rebate you qualify for, based on eligible FTC activities.
Using this information and your fleet specifications, Prism provides the necessary details to enter into your BAS (business activity statement) or apply the fuel tax allotment to your purchased fuel records through simple online tools. By utilising Prism, customers achieve significantly improved FTC outcomes compared to their previous claims, as higher precision calculations are made using the most detailed data available.
With MiX Telematics' Prism solution, you can optimise your Fuel Tax Credit calculations, ensuring you claim the credits you're entitled to accurately and efficiently. By leveraging real-time telematics data and advanced analytics, Prism empowers your fleet with highly accurate reporting, saving time and improving claim outcomes. Take advantage of a no-obligation phone consultation with MiX Telematics to explore how Prism can help you maximise your FTC returns with minimal effort.
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