Tax rebate for uncollectable fuel, tobacco and vaping products accounts written off as bad debts: tax bulletin 5022

How to get a rebate on uncollectable accounts written off as bad debts for fuel wholesalers and retailers, and tobacco and vaping products wholesalers and retailers.

This tax information bulletin provides details on the conditions you need to meet to get a tax rebate on uncollectable accounts written off as bad debts. The debt must be related to gasoline, diesel oil, tobacco or vaping products sold on credit, which then becomes uncollectable.

Information includes:

• conditions that you need to meet to get the rebate
• what happens if there’s a non-sufficient funds (NSF) cheque
• exclusions from getting a rebate
• how to calculate the rebate