South Africa: Increase in fuel levies
Effective June 4, 2025
The Minister of Finance in May 2025 announced an increase in the levy on petrol by 16 cents per liter and on diesel by 15 cents per liter, effective June 4, 2025.
The increase will offset the revenue loss from the retention of the value added tax (VAT) rate at 15%. Read TaxNewsFlash
For more information, contact a KPMG tax professional in South Africa:
Lesley Bosman | lesley.bosman@kpmg.co.za