NSW drivers sitting on up to $1500 in unclaimed cash
Millions of drivers could be sitting on up to $1500 in unclaimed cash thanks to a little-known road toll rebate.
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NSW drivers could be sitting on up to $1500 in unclaimed cash thanks to a little-known road toll rebate.
Former NSW premier Dominic Perrottet introduced the road toll subsidy as part of a $7 billion cost-of-living relief package earlier this year.
The scheme entitles motorists who spend a lot of time on NSW toll roads a hefty rebate on their travel costs.
If drivers spend $375 or more on NSW road tolls between July 1, 2022 and June 30, 2023, they may be eligible for a 40 per cent rebate of up to $750.
If they spend $402 or more during the following financial year (July 1, 2023 to June 30, 2024), the maximum rebate jumps up to $802.
Sole traders, meanwhile, can grab up to $1500 in rebates in 2023 and $1605 in 2024.
Both the minimum road toll spend and maximum rebate will increase for each year that the subsidy is running.
The rebate can be claimed once a quarter and up to a year after the relevant financial year ends. Rebates owed will accrue into the following year.
How to claim the NSW road toll rebate
Before drivers claim for the first time, they will need to link their toll account to their MyServiceNSW account. This allows drivers to check their toll spend and ensure it exceeds the rebate thresholds.
To be eligible, a driver must be a NSW resident, have an active NSW toll account and have accrued the tolls in a vehicle that’s registered in NSW and below the 2794-kilogram TARE weight.
Tolls paid on the following roads count towards drivers’ spends: Westlink M7, Hills M2, NorthConnex, WestConnex, Sydney Harbour Bridge, Sydney Harbour Tunnel, Lane Cove Tunnel, Eastern Distributor, Cross City Tunnel, Military Road E-Ramp and M5 South-West, unless you already claim for the M5 South-West cashback scheme.
To apply, simply head to the Service NSW website, log in and fill out the relevant form.
Originally published as NSW drivers sitting on up to $1500 in unclaimed cash
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