{"id":770095,"date":"2024-05-01T17:00:00","date_gmt":"2024-05-01T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=770095"},"modified":"2024-04-30T16:19:32","modified_gmt":"2024-04-30T14:19:32","slug":"you-now-pay-r320-in-tax-every-time-you-fill-up-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/energy\/770095\/you-now-pay-r320-in-tax-every-time-you-fill-up-in-south-africa\/","title":{"rendered":"You now pay R320 in tax every time you fill up in South Africa"},"content":{"rendered":"\n<p>As of 1 May, South Africans will need to brace themselves to dig deeper into their pockets at the pump as new fuel price hikes and the continuation of previous tax increases take effect.<\/p>\n\n\n\n<p>A large portion of South Africa\u2019s petrol price is paid through levies, with the General Fuel Levy (GFL) and the Road Accident Fund Levy (RAF) accounting for the biggest chunks.<\/p>\n\n\n\n<p>While motorists were given some breathing room for 2024, with <a href=\"https:\/\/businesstech.co.za\/news\/budget-speech\/753669\/petrol-price-relief-for-south-africa\/\"><strong>no hikes in the general fuel levy<\/strong><\/a> or Road Accident Fund (RAF), there were marginal increases, such as the 1 cent and 3 cents per litre hike to the carbon tax for petrol and diesel, respectively.<\/p>\n\n\n\n<p>With effect from 1 April 2024, the Fuel Levy in the price structure of petrol and diesel amounts to 396 c\/l and 384 c\/l respectively.<\/p>\n\n\n\n<p>The Road Accident Fund Levy in the price structure of both petrol and diesel amounts to 218.0 c\/l.<\/p>\n\n\n\n<p>A breakdown of the taxes (for 95 Petrol), according to the department, is as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fuel levy:<\/strong>&nbsp;396 cents per litre<\/li>\n\n\n\n<li><strong>Road Accident Fund levy<\/strong>: 218 cents per litre<\/li>\n\n\n\n<li><strong>Customs and excise<\/strong>: 4 cents per litre<\/li>\n\n\n\n<li><strong>Slate levy<\/strong>: 21.92 cents per litre<\/li>\n\n\n\n<li><strong>Petroleum products levy:<\/strong>&nbsp;0.33 cents per litre<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-full\"><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/04\/Fuel-taxes.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"907\" height=\"255\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/04\/Fuel-taxes.jpg\" alt=\"\" class=\"wp-image-770172\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/04\/Fuel-taxes.jpg 907w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/04\/Fuel-taxes-300x84.jpg 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2024\/04\/Fuel-taxes-768x216.jpg 768w\" sizes=\"auto, (max-width: 907px) 100vw, 907px\" \/><\/a><\/figure>\n\n\n\n<p>From 1 May 2024,&nbsp;<strong>R6.40 per litre goes towards some form of tax or levy<\/strong>&nbsp;when buying petrol \u2013 making up around 25.1% of the retail price.<\/p>\n\n\n\n<p>Filling a\u00a0<strong>50-litre tank<\/strong>\u00a0with 95 octane fuel in May will cost R1,274.50\u2014 or R1,257.50 for 93 octane.<\/p>\n\n\n\n<p>This means <strong>you will pay an average of<\/strong> <strong>R320 in taxes every time you fill up in South Africa.<\/strong><\/p>\n\n\n\n<p>Other costs associated with the petrol price include transport costs (from the harbour to inland areas), customs and excise duties, retail margins paid to fuel station owners, and secondary storage costs.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Monthly petrol tax contributions<\/strong><\/p>\n\n\n\n<p>According to Discovery Bank\u2019s data,&nbsp;<strong>Discovery Insure clients drive, on average, approximately 1,690km every month<\/strong>&nbsp;\u2013 commuting at least three days a week.<\/p>\n\n\n\n<p>Considering this, we looked at how much the average South African would pay towards fuel taxes using the country\u2019s best-selling cars right now.<\/p>\n\n\n\n<p>As of Wednesday (1 May), South African motorists are paying R25.49 per litre of 95-octane unleaded petrol, while diesel users are paying R22.24 per litre for 0.005% (wholesale) inland.<\/p>\n\n\n\n<p>The table below shows the potential tax contributions for an 1,690km traveled every month.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><thead><tr><th>Type<\/th><th>Car<\/th><th class=\"has-text-align-center\" data-align=\"center\">Cons. per 100km<\/th><th class=\"has-text-align-center\" data-align=\"center\">Cost of tax per 100km<\/th><th class=\"has-text-align-center\" data-align=\"center\">Monthly tax contribution<\/th><\/tr><\/thead><tbody><tr><td>Crossover<\/td><td>Toyota Corolla Cross<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.8L<\/td><td class=\"has-text-align-center\" data-align=\"center\">R43.52<\/td><td class=\"has-text-align-center\" data-align=\"center\">R735<\/td><\/tr><tr><td>SUV<\/td><td>Toyota Fortuner<\/td><td class=\"has-text-align-center\" data-align=\"center\">7.2L*<\/td><td class=\"has-text-align-center\" data-align=\"center\">R46.08<\/td><td class=\"has-text-align-center\" data-align=\"center\">R779<\/td><\/tr><tr><td>Bakkie<\/td><td>Toyota Hilux<\/td><td class=\"has-text-align-center\" data-align=\"center\">7.1L*<\/td><td class=\"has-text-align-center\" data-align=\"center\">R45.44<\/td><td class=\"has-text-align-center\" data-align=\"center\">R768<\/td><\/tr><tr><td>Hatchback<\/td><td>VW Polo Vivo<\/td><td class=\"has-text-align-center\" data-align=\"center\">5.7L<\/td><td class=\"has-text-align-center\" data-align=\"center\">R36.48<\/td><td class=\"has-text-align-center\" data-align=\"center\">R617<\/td><\/tr><tr><td>Sedan<\/td><td>VW Polo Sudan<\/td><td class=\"has-text-align-center\" data-align=\"center\">6.5L<\/td><td class=\"has-text-align-center\" data-align=\"center\">R41.60<\/td><td class=\"has-text-align-center\" data-align=\"center\">R703<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<p><strong>Paying more&nbsp;<\/strong><\/p>\n\n\n\n<p>The Department of Energy&#8217;s latest fuel price adjustments show the following changes will take effect from Wednesday, 1 May 2024:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Petrol 95<\/strong>: increase of 37 cents per litre;<\/li>\n\n\n\n<li><strong>Petrol 93<\/strong>: increase of 37 cents per litre;<\/li>\n\n\n\n<li><strong>Diesel 0.05%:<\/strong>&nbsp;decrease of 30 cents per litre;<\/li>\n\n\n\n<li><strong>Diesel 0.005%:<\/strong>&nbsp;decrease of 36 cents per litre;<\/li>\n\n\n\n<li><strong>Illuminating Paraffin:<\/strong>&nbsp;decrease of 19 cents per litre.<\/li>\n<\/ul>\n\n\n\n<p>The movement in prices is typically affected by two main factors \u2013 international petroleum costs, and the movement in the rand\/dollar exchange rate. <\/p>\n\n\n\n<p>The average international product prices for Petrol increased during the period under review, while the rand depreciated against the US dollar, on average, when compared to the previous period.<\/p>\n\n\n\n<p>This is how the price changes will reflect at the pumps (Diesel prices reflect wholesale, pump prices will differ):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Inland<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>April Official<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>May Official<\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R24.78<\/td><td class=\"has-text-align-center\" data-align=\"center\">R25.15<\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R25.12<\/td><td class=\"has-text-align-center\" data-align=\"center\">R25.49<\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R22.45<\/td><td class=\"has-text-align-center\" data-align=\"center\">R22.15<\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R22.60<\/td><td class=\"has-text-align-center\" data-align=\"center\">R22.24<\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R16.19<\/td><td class=\"has-text-align-center\" data-align=\"center\">R16.00<\/td><\/tr><tr><td>LPGAS (per kg)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R38.12<\/td><td class=\"has-text-align-center\" data-align=\"center\">R37.66<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<figure class=\"wp-block-table\"><div class=\"table-responsive\"><table class=\"table\"><tbody><tr><td><strong>Coastal<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>April Official<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>May Official<\/strong><\/td><\/tr><tr><td>93 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R23.99<\/td><td class=\"has-text-align-center\" data-align=\"center\">R24.36<\/td><\/tr><tr><td>95 Petrol<\/td><td class=\"has-text-align-center\" data-align=\"center\">R24.33<\/td><td class=\"has-text-align-center\" data-align=\"center\">R24.70<\/td><\/tr><tr><td>Diesel 0.05% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.66<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.36<\/td><\/tr><tr><td>Diesel 0.005% (wholesale)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.84<\/td><td class=\"has-text-align-center\" data-align=\"center\">R21.48<\/td><\/tr><tr><td>Illuminating Paraffin<\/td><td class=\"has-text-align-center\" data-align=\"center\">R15.19<\/td><td class=\"has-text-align-center\" data-align=\"center\">R15.00<\/td><\/tr><tr><td>LPGAS (per kg)<\/td><td class=\"has-text-align-center\" data-align=\"center\">R35.16<\/td><td class=\"has-text-align-center\" data-align=\"center\">R34.70<\/td><\/tr><\/tbody><\/table><\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/energy\/769810\/here-is-the-official-petrol-price-for-may-3\/\" target=\"_blank\" rel=\"noreferrer noopener\">Here is the official petrol price for May<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In South Africa, about 25% of the price paid at the pump goes directly to taxes.<\/p>\n","protected":false},"author":101,"featured_media":715028,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9874],"tags":[19808,3994,9818],"class_list":["post-770095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-general-fuel-levy","tag-petrol","tag-raf"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/770095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/101"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=770095"}],"version-history":[{"count":6,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/770095\/revisions"}],"predecessor-version":[{"id":770204,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/770095\/revisions\/770204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/715028"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=770095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=770095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=770095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}