Petrol pump or cash cow?

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Those who suspect that the taxman has increasingly been using fuel levies as a way to increase overall tax revenue are correct.

While the amount motorists pay at the pump is largely down to the vagaries of the value of the rand to the dollar, as well as the ups and downs of international oil prices, government has not been shy to use the fuel levy to boost its coffers.

This can be seen in revenue from the fuel levy shooting up from R24.48 billion in the 2008/9 financial year to more than R75.37 billion for 2018/19. By comparison, the total amount of tax collected has only doubled from R616.99 billion to R1.28 trillion over the same period.

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