Effect
Following the fuel tax hike, which takes effect in June, the GFL will now total R4.01 per litre for petrol and R3.85 for diesel.
The total tax on petrol, once the RAF levy and carbon taxes are factored in, will amount to R6.37 per litre.
This is could push the tax on petrol beyond 30 percent, depending on June’s final price calculations, which have yet to be announced. Eleanor Mavimbela, spokesperson for the AA, says: “Fuel is a critical input cost across all sectors of the economy; any increase inevitably drives up transport and operational costs, further intensifying inflation.
“Lower-income households, which spend a greater share of their income on transport, will be disproportionately affected by this rise.”
Gavin Kelly, CEO of the RFA, adds: “Treasury would rather tax…
