Do you own a trucking business in the province of Newfoundland? It’s important you register the vehicles in your fleet for IFTA filing to avoid penalty. Let us guide you further.
It is of utmost importance that you fill your IFTA quarterly tax return form in Newfoundland before the due deadlines as late filing may result in a penalty of $50 or 10% of the net tax liability. If you want to learn how to register for IFTA in Newfoundland, the next section is for you:
January, February, March: April 30
April, May, June: July 31
July, August, September: October 31
October, November, December: January 31
Yes, you would still need to file a ‘zero’ report in the state of Newfoundland.
You can find the latest information about IFTA rules and regulations in Newfoundland on https://www.gov.nl.ca/motorregistration/commercial-vehicles-and-drivers/national-safety-codes/fuel-tax/.
You are required to report the fuel put into qualified vehicles along with all kilometres travelled by qualified vehicles.
You are eligible to apply to Newfoundland for an IFTA licence and decals if you meet all of the following criteria:
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