New Hampshire IFTA State Tax Overview
- Updated April 27, 2023 - 8.00 AM - Admin, TrucklogicsThe State of New Hampshire is a member of the International Fuel Tax Agreement (IFTA).
Read through this page to explore everything related to the State of New Hampshire registration and renewal process of IFTA.
To offer a comprehensive understanding, we have listed the IFTA reporting requirements, the penalty imposed and links to other important resources.
Table of Contents:
- 1.Who Is Required To Register for New Hampshire IFTA?
- 2.New New Hampshire IFTA Fuel Tax Accounts
- 3.New Hampshire IFTA Renewals
- 4.Quarterly New Hampshire IFTA Returns
- 5.New Hampshire IFTA Penalties
- 6.New Hampshire IFTA Audits
- 7. Choose TruckLogics for generating IFTA Reports & managing your business efficiently
- 8. Sources
1. Who Is Required To Register for New Hampshire IFTA?
A qualified motor vehicle is a motor vehicle used, designed, or maintained for transportation of persons or property having:
- Two axles and a gross vehicle weight or registered gross vehicle weight exceeding 26,000 pounds or 11,797 kilograms; or
- Having three or more axles regardless of weight; or
- Is used in combination, when the weight of such combination exceeds 26,000 pounds or 11,797 kilograms gross vehicle or registered gross vehicle weight.
Qualified Motor Vehicles do not include recreational vehicles unless they are used in conjunction with any business endeavor. Recreational vehicles are vehicles such as motor homes, pickup trucks with attached campers and buses when used exclusively for personal pleasure by an individual.
2. New New Hampshire IFTA Fuel Tax Accounts
You must submit a New Hampshire application in person to the Department of Safety. There is a $10 fee for each set of decals. You will need one set per qualified vehicle. You will be issued a temporary decal that you can use until your decals arrive by mail.
3. New Hampshire IFTA Renewals
Renewal applications must be completed by mail or in person.
4. Quarterly New Hampshire IFTA Returns
A New Hampshire quarterly IFTA return must be filed by the due date:
New Hampshire Reporting Periods | New Hampshire IFTA Filing Deadlines |
---|---|
January - March | April 30 |
April - June | July 31 |
July - September | October 31 |
October - December | January 31 |
*If the due date falls on a Saturday, Sunday or legal holiday, the next business day is considered the tax reporting filing due date.
Note: An New Hampshire IFTA fuel tax report must be filed even if no fuel was used.
5. New Hampshire IFTA Penalties
A late penalty of $50 or 10% of the net tax liability, whichever is greater, is assessed on returns received after the filing deadline. Interest is computed on all delinquent taxes due to each jurisdiction at a rate of 1% per month. Even if you have a net refund, interest still applies to each jurisdiction for any underpayment of fuels use tax due and is calculated beginning the day after the due date of the return for each month, or fraction of a month, until paid.
6. New Hampshire IFTA Audits
IFTA New Hampshire audits are used to verify compliance and base jurisdictions are required to audit 3% of the IFTA accounts in their state per year. The licensee will be contacted in writing at least 30 days prior to the audit and must make the required records available at the time of the audit. IFTA Audits are never fun, but keeping detailed records that include all required information will take the stress out of the audit process.
Filing New Hampshire IFTA fuel tax can be tedious and time consuming. For more details, see www.nh.gov or let us take the paperwork out of your way by using our New Hampshire Quarterly IFTA Filing Services! Our quarterly filing packages start at $75. (Contact us for multiple vehicle pricing.)
7. Choose TruckLogics for generating IFTA Reports & managing your business efficiently.
The efficient method to stay organized and maintain compliance is with the expertise of cloud-based trucking management software.
All aspects of your business, such as managing dispatches, expenses, invoices, and generating IFTA Reports, can all be handled all in one place.