Fuel and VAT news NEWS South African motorists could be paying up to R483 less to fill their tanksSouth Africa’s Road Accident Fund (RAF) tax and General Fuel Levy (GFL) add between R272 and R483 to the price of a tank of fuel, depending on the size of your car’s tank. These two fuel taxes add a combined R6.04 to the cost of a litre of fuel, making up around 26% of July 2024’s inland unleaded 95 price. Big VAT changes on the cardsMajor changes are coming to VAT in South Africa, with the government looking to expand the range of food items exempt from the tax. President Cyril Ramaphosa announced on Thursday (18/07/2024) during the Opening of Parliament Address that the Government of National Unity (GNU) will review ways to help reduce prices of goods for South Africans. . You Might Also Like Expect load shedding to stick around for another five years: economist 22/04/2023 Eskom paid R934,950 for kneepads and R238,000 for a mop — De Ruyter 29/05/2023 Doctors urged to watch for bird flu infections in dairy farm workers 09/04/2024
