Here’s how much government has made from fuel taxes

[Bianke Neethling]

Here’s how much government has made from fuel taxes

South African fuel taxes have generated billions in revenue for the government over the past decade, and causes a significant increase in the price motorists pay at the pumps.

 

[boomslang]

The fuel levy generated R93.37 billion in revenue in the 2023/24 financial year. This levy currently makes up around 5% of the government’s total tax revenue and is the fourth largest revenue item in the government’s budget.

 

[Sarg3_ZN]

With the current state of our road infrastructure you would think they only made R93.37 million

 

[Solver]

Service delivery < comrade piggery

 

[Mannydefreitas]

Yet the EV faithful, a bright bunch, actually believe that, if we all bought EVs, Government would just accept the R93billion loss.

But they also believe that EVs are the future...

 

[LCBXX]

Yet the EV faithful, a bright bunch, actually believe that, if we all bought EVs, Government would just accept the R93billion loss.

But they also believe that EVs are the future...

They also heard "Stay Home, Stay Safe" then rushed out to hoard toilet paper.

 

[neoprema]

That's why EV's are taking so long to get discounts here.

We're a country where the fuel tax levy is actually going into the pockets of cadres. So losing out on that from EV's directly impacts their (swiss) bank accounts.

 

[Fuzzbox]

And they used it to buy more diesel with all ESKOM bailouts.
RINSE
WASH
REPEAT

 

[Sapphiron]

They did not "Make" that money.

The taxpayers made the money, then government takes that money and steals it for the cadres.

 

[Mike Hoxbig]

And how much of that actually went to the roads, instead of other government programs?

 

[Petec]

Only a cANCerous group of piggies, can yoink almost a trillion in a decade, and still have buggerall to show for it.

 

[supersunbird]

The fuel levy generated R93.37 billion in revenue in the 2023/24 financial year. This levy currently makes up around 5% of the government’s total tax revenue and is the fourth largest revenue item in the government’s budget.

And SANRAL wants us to believe the government couldn't have paid the GFIP off (something like R22 billion with the overpayment and that e-toll system incl) in one year back in 2013 when they got like R45 billion for the fuel levy?

They could have easily built another 10 GFIP by now if they had wanted.

 

[mypetcow]

Let’s all switch to EVs and then they won’t get a cent in fuel levy from us!

 

[Mekon]

Only a cANCerous group of piggies, can yoink almost a trillion in a decade, and still have buggerall to show for it.

At least we know where it all went. into this things well developed gut

 

[Gazg]

Does this include the amount raped on SA through the use of generators so they can keep their lights on?? I seriously doubt it.........it should be at least triple that figure. But still there is no money.........

 

[supersunbird]

Does this include the amount raped on SA through the use of generators so they can keep their lights on?? I seriously doubt it.........it should be at least triple that figure. But still there is no money.........

More logical thinking please so your doubt is not false. Unless they somehow buy and import their undeclared fuel from overseas, generator people do pay those taxes.