As you look with dismay at the digital price readout at the petrol pumps whirring faster than the speedo on a hypercar, you may wonder exactly where that revenue goes. Here’s the breakdown
R13 , 89 95 OCTANE PETROL PER LITRE AT THE COAST
R694,50*
R3,37 R168,50* GENERAL FUEL LEVY increased by R0,22 to R3,37 as of April 2018
R1,93 R96,50* ROAD ACCIDENT FUND LEVY increased by R0,30 to R1,93 as of April 2018
R2,78 R139,00* STORAGE, WHOLESALE AND RETAIL MARGINS, DISTRIBUTION AND TRANSPORT RELATED COSTS, ETC.
R5,81 R290,50* BASIC FUEL PRICE, FREIGHT, INSURANCE, CARGO DUES, STORAGE, FINANCING, ETC.
R77,5bn
PROJECTED REVENUE FROM LEVIES 2018/’19
R41,2bn
PROJECTED REVENUE FROM ROAD ACCIDENT FUND LEVIES 2018/’19
R118,7bn
PROJECTED COMBINED REVENUE FROM FUEL TAXES 2018/’19
*Cost of a 50-litre tank of fuel…
