Companies are paying thousands of dollars in fuel taxes that can be claimed as a refund. The government allows a refund on taxes paid for fuel used in an off-road activity or during operation of power take-off (PTO) unit. Very few companies are taking advantage of the PTO tax credit since they cannot accurately measure the PTO times.
Typical Fuel tax creditA company with 10 trucks using 4 hours PTO on daily basis can save approximately $5,000 a year on fuel taxes. See Attached calculator to calculate your own savings.
SolutionIndusTrack offers a complete package to track PTO times, miles driven, and idle times. In addition, a user can view all the vehicle on the map 24x7 and see which one has PTO engaged. Please see the attached solution brief offering PTO benefit here.