Taxes and levies on a litre of petrol in South Africa

As of my last update, the breakdown of taxes and levies on a litre of petrol in South Africa typically includes the following components:

1. General Fuel Levy: This is a significant part of the petrol price, levied by the national government. As of 2023, it was around R3.85 per litre.
2. Road Accident Fund (RAF) Levy: This levy funds the Road Accident Fund, which provides compensation for road accident victims. It is usually around R2.18 per litre.
3. Customs and Excise Duties: These are applied to petroleum products but vary depending on the specific product and international agreements.
4. Value Added Tax (VAT): VAT is charged at 15% on the total price of fuel, including the levies. This means VAT is applied not just to the base fuel price but also to the taxes.
5. Provincial Levies: In some provinces, additional levies may be charged, but these can vary.

Example Breakdown (Approximate):

• Base Fuel Price: R12.00 (hypothetical)
• General Fuel Levy: R3.85
• Road Accident Fund Levy: R2.18
• Customs and Excise Duties: Varies
• VAT (15%): Applied on the total of the base price and levies

Total Price:

The total price per litre would be the sum of the base price, all levies, and VAT. This can lead to significant taxation on fuel, making it a critical issue for consumers and policymakers.

For the most accurate and current figures, it’s best to consult the latest announcements from the South African government or the Department of Mineral Resources and Energy.