Friday, March 27, 2009

Hmmf Sins Tax? Why driving your car is just another TAX!!!

Compliments of Hollard Insurance

BUDGET SPEECH – WHAT IT MEANS FOR THE CAR OWNER

So, how does the 2009 budget affect road users? We have tried to make sense of the impact to consumers’ pockets due to the increase in the fuel levy and road accident fund levy. With effect from 1 April 2009 (and it’s not an April Fool), the fuel levy will increase by 23 cents and 24 cents a litre for petrol and diesel respectively. The road accident fund levy will increase by 17,5 cents a litre.

LevyPetrolDieselPetrolDiesel
Feb 2009 April 2009
IP Tracer levy**0 c0.010 c 0 c 0.010 c
Fuel Levy127 c111 c 150 c 135 c
Customs & excise duty levy4 c4 c 4 c 4 c
Road accident fund levy46.5 c46.5 c 64 c 64 c
Petroleum products levy0.150 c0.150 c 0.150 c 0.150 c
Transport recovery levy1.5 c1.5 c 1.5 c 1.5 c
Total179.15 c163.16 c219.65 c204.66 c


This means that for every litre of petrol that you put in your car, you will pay 219.65 cents and 204.66 cents for petrol and diesel respectively from 1 April 2009.

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